friday trading, page-45

52% of all statistics are just made up and a further 63% are merely the result of some underlying anomaly.

I would like to know, at any one time, how many traders are in the market with less than 5 years experience ?? How many of these drop out in that time after incurring significant losses ?? How often is this percentage turned over with new extrants ??

Surely this cross section makes up for a significant percentage of those who lose. I can relate to winks earlier admissions. It takes time to find your feet and you need to be persistant. Personally I am glad that I started during a raging bull which covered a multitude of my trading sins.