Data suggesting more than 95% traders are losing

[TastyChillySauce00]

There are actually more individuals that are successful in trading. Traders are using technical analysis and have a basis on their trades. I am assuming that VIP groups are a signal group that most likely is using technical analysis on their signals. Losses are inevitable in trading, and losing doesn't mean you aren't successful, It's one of the obstacles in gaining winning trades.

Definitely agree I still believe there are many individuals who really good at analyzing and not just throwing speculation though I also still believe that most of the money that flows in to the market go straight to some big players' pocket since they have the biggest capital here and could manipulate the market at their will, just remember the gamestop cases. needless to say I also have seen some people that think of themselves as trading gurus being influental in social media and all but they do that for making money off refferal and such.

[boyptc]

I hope people can do a good analysis first before they are really interested in running a trading business

You don't have to be good in the analysis. What's the proper term I think is accurate in your analysis. Because in my experience, I've seen traders who really are good in analysis with a lot of support with the charts and telling what could be the next move.

But talking about accuracy, many will fail on that category.

[Reid]

I tend to pull back when I feel like losing more.
But in the end, yeah, I did lose more.  

Why such a high percentage of traders losing?
In my own opinion, there are too many wannabes in that field. When they saw the crypto field market going to the roof they tried to jump in without even thinking twice.
"Yeah, let's go trade and make more $, it's easy." Ended up broke.

[traderethereum]

What I often see is when the price of bitcoin has increased high. and the media exaggerate about bitcoin. from here a lot of new traders will emerge. they trade using only Felling without an analysis. of course they did that when the price of bitcoin was high as it is today. exactly the same as what happened in 2017. I hope people can do a good analysis first before they are really interested in running a trading business

I hope they can be okay to trade if they are just using their feeling without analysis because I see that it will be hard for them if they make a mistake to buy or sell bitcoin.
They will regret it without a chance to recover if they do not analyze the price.
The analysis helps us find a good time to trade, especially if the market is unpredictable.
The bitcoin price now touches $56k, and that is the new highest price after the price reach below $50k a few days ago, so if they still use their feeling, that will not be good for them.

[Tomiwa_akin]

most times the determination to never quit is always overwhelmed by the serial encounter of loses after which it leaves people with a single choice of quitting. this is indeed a right statistics. losers will always be more than winners, its now left for you to struggle out of the losing rank to be among the very little winning traders. not so easy but its achievable.

[aysg76]

The most important part is how you handle your situations without leaving the market because gain and loss are part of trading.I have not known a single trader who has gained profits for his whole life without suffering losses.



You learn from from your mistakes and turn them into your experience and gain profit from them.The market can be down but not your morale.

[dothebeats]

Most people I know who went on and get into the trading scene are impatient, and tend to trade for only a couple of weeks then feel bored about it because they are not making enough to buy that lambo or new shiny thing that they are eyeing for so long. Truth is, it is always the mindset of the person doing the trades that hampers their success. Most are in it to win big, but do not appreciate the small gains that they may be making per day. A consistent 1% gain per day is possible, and doing that for 5 days a week, for the next few months will get you somewhere. Successful businessmen like Buffett are patient and intelligent enough to know that small things add up. This is what's lacking on most traders right now that delivers them to the pit of failure that they want to steer clear from.

[sana54210]

Only very little people have preserverance needed to be success and that goes to other things aswell, even in life only very few people could succeed the rest just becomes canon fodder for the succesfull people but when it comes to trading im pretty sure the remaining 5% consists of vip groups that got fed with information from the higher ups people and very few individuals, (no im not talking about crypto but stocks in general) but when it comes to crypto I guess people like the small fries have more chance.

I feel like those people who can be patient enough to get money from crypto trading are the ones who make that money, I do not know if that 95% number is true or not, feels like way too high of a number and more realistic would be more like 80% or so, but let's assume that 95% of all traders lose money, if we turn that into "traders that have been trading for over a year" you will see that it would be drop to half and if you ask "traders who have been trading for 10 years" you will see that almost all of them are profiting, because nobody who keeps losing money would do it for 10 years or most even won't do it for 1 year neither.

That is why I believe there is a situation where we end up a lot of newbies who are "testing" how to trade that lose money and that is why a general number wouldn't tell the truth, people who have been trading for a while would be a better question to ask.

[Oilacris]

The most important part is how you handle your situations without leaving the market because gain and loss are part of trading.I have not known a single trader who has gained profits for his whole life without suffering losses.



You learn from from your mistakes and turn them into your experience and gain profit from them.The market can be down but not your morale.

You should really be having this thing on mind that quitting after few losses shouldnt really be tolerated or considered for you to do so.Success is for those who does have consistency and perseverance.

Easily quitting just because you do feel that you arent going anywhere or doesnt improve is really a very wrong mindset to have.You would just simply hold back yourself on improving just
because of those doubts and fears.Losses are common or part of this market but trying to make it minimal as possible which makes you a pro.

Dont mind on losing as long you do make profits in the end of the day.

[DarkDays]

The data shows how important for a trader to stay longer.

I agree, this data is biased for long-term traders. While this is the case the fact can't be denied that even other reputable sources like forex find similar outcomes. That is that majority of the traders, specially if they are going in instinctively without a long term plan, will most likely fail. The stats are pretty high and in accordance with the finding shared by the OP somewhere in the range of 80-100%.

So, the take away message is that unless you are planning to become a long-term holder, trading might not be the best option to make profits from crypto markets.

[TheGreatPython]

There are actually more individuals that are successful in trading. Traders are using technical analysis and have a basis on their trades. I am assuming that VIP groups are a signal group that most likely is using technical analysis on their signals. Losses are inevitable in trading, and losing doesn't mean you aren't successful, It's one of the obstacles in gaining winning trades.

Definitely agree I still believe there are many individuals who really good at analyzing and not just throwing speculation though I also still believe that most of the money that flows in to the market go straight to some big players' pocket since they have the biggest capital here and could manipulate the market at their will, just remember the gamestop cases. needless to say I also have seen some people that think of themselves as trading gurus being influental in social media and all but they do that for making money off refferal and such.

Well, the difference between the big players and the small players is the fact that big ones can wait, small can't and they panic.

Think about it this way, if you are super rich and only thing you do is just wait for people to sell and you buy from the low ends and just keep waiting, that means eventually you are always in profit, not like any life emergency will make you spend that money neither, you are super rich so you already have enough money in cash to do whatever you want, whereas regular small investors like us have to think about living, we are not rich enough to have savings in crypto and in stocks and in gold and in cash for emergency, that is why most of the time small investors are the ones that sell, and when they sell they lose money because these rich whales end up buying it from those low levels and wait until it is a lot.

[semobo]

Your data analysis is lke only 2% of people in this world are living rich life it doesn't mean the remaining 98% population is not making anything. They are also doing work and making money but they are less often making money compared to rich people that is what the same thing is happening in the crypto trading.

As you stated, maybe 5% of people are making more money due to the experience and luck while many of them still doing right things but luck is not on their side.

[so98nn]

I think I have now climbed three steps of your pyramid! It's been 2 years or more I guess since when I am in the crypto trading. I think I am enjoying it a lot and will continue to do so until I reach the 1% traders who are in the profits.

Well, this is based on the research papers but I am not firmly sure how they collected this data? Like nobody asked me until now whether I am buying or selling or still in crypto or not? How do they collect the data? If it is based on surveys then do they have factual data from around the globe?

& if yes, whether this is based on country wide data? or World wide?

[South Park]

It is true that 95% traders lose in trading because they don't have patience, so they sell at any time given that they are satisfied. They never set an entry and buy on market prices only which increases chances of losing on a better entry at a much lower price. What are the support and resistance areas for, if these traders will trade on the basis of their emotions?

Patience is one of the problems for those traders but another is simply that they choose to invest in coins that are not worth it, so even a person with an incredibly amount of patience is not going to earn money with those coins, so it does not surprise me that the stats are so overwhelming, if anything that number is not as high as I thought it would be as only long term holders and whales are showing massive profits while most traders are struggling to get any profits, and it is fair to wonder how many of those winning traders are actually paying their taxes because if they are not then I am sure we will have even less winners in the market.

[ethereumhunter]

I am gain from trading, but I also lose in trading. I see that I need to learn more about trading so I can be able to make a profit. As I see that the market continues to change from time to time, I still learn more lessons to analyze the market. If I do not learn more about trading, I am afraid that I do not have a chance to make a profit. But I do not know how many traders are lost in trading because I think there is no actual research about that, and even if there is research about that, I am not sure if that data will be valid since we know that many traders come from many countries.

[poldanmig]

I am gain from trading, but I also lose in trading. I see that I need to learn more about trading so I can be able to make a profit. As I see that the market continues to change from time to time, I still learn more lessons to analyze the market. If I do not learn more about trading, I am afraid that I do not have a chance to make a profit. But I do not know how many traders are lost in trading because I think there is no actual research about that, and even if there is research about that, I am not sure if that data will be valid since we know that many traders come from many countries.

The data @OP mentioned in my opinion are new traders. especially if we look at the price of bitcoin which is currently experiencing an increase. of course many are interested in investing in bitcoin. they trade without having basic knowledge. so that now we can see so many people who lose from trading. so basically we have to be careful when we want to study business. Moreover, trading has a high level of risk

[tvplus006]

I am gain from trading, but I also lose in trading. I see that I need to learn more about trading so I can be able to make a profit. As I see that the market continues to change from time to time, I still learn more lessons to analyze the market. If I do not learn more about trading, I am afraid that I do not have a chance to make a profit. But I do not know how many traders are lost in trading because I think there is no actual research about that, and even if there is research about that, I am not sure if that data will be valid since we know that many traders come from many countries.

The data @OP mentioned in my opinion are new traders. especially if we look at the price of bitcoin which is currently experiencing an increase. of course many are interested in investing in bitcoin. they trade without having basic knowledge. so that now we can see so many people who lose from trading. so basically we have to be careful when we want to study business. Moreover, trading has a high level of risk

New participants are constantly coming to the cryptocurrency market instead of those who have lost their entire deposit. And these newcomers, who have heard that here with an initial capital of only a few hundred, you can earn millions, become victims of ponzi schemes and margin trading. In any case, everyone can find a safer trading strategy for themselves, but this requires experience and knowledge.

[JooBra]

Being a old trader and still it's hard to be positive in trades. Can't believe that someone new can figure it out fast. So the numbers seem right. But still not everyone trades. There are people who just hold and at the end I think they have biggest gains at the end.

[Renampun]

I can't argue with this data because it's certain that 95% of traders end up losing because of a lack of training...
the exercises that I mean are patience exercises and analytical exercises. I personally still continuing to practice strengthen my analysis and also my patience. Trading is not easy, difficult to master but can be learned.

[jerry0]

How can this much percentage of ppl be losing when you hear about those who daytrade crypto for a living?