Most Traders are Not Profitable

[Smartvirus]

Without having to dispute on claims you’ve made in the OP,
I would say, as much as some of these guys actually make money through the ads view on the content they create and other programs they host through there channel(s), some of them are getting some true success.

A quick note:
The term we mainly refer to as professional traders have come with a different definition as against what it’s assumed to be which is; traders that have a good level of expertise on there trades or happens to be pretty successful.
Professional traders are individuals who trade on behalf on an institution (institutional traders) and are being paid for their services.

Something to note, we have more day to traders newbie and petty traders than we could have of any self proclaimed expert traders and as such, they’ve got to be more losses than profit to some individuals, that in itself is a fact.

[fauzan Ichsan]

A lot of traders are not as profitable as they claim to be. I don't know the exact percentage but I can say and stand to be corrected that 95% of traders even the so called professionals are not profitable. How do I know this through simple deduction. 95% of these unprofitable traders make their money through other means and their unsuspecting followers don't know this.

Social media traders aren't real traders, real traders don't have time to be online showing their results to random individuals and proving to them that they're successful traders. Trading isn't an easy activity that everybody can do due to the reason that not everyone is willing to undergo the process of learning how to trade as not everyone has the patience to learn. Everyone is now too interested in making profits that they won't want to learn how to trade first.

We have more newbies in trading than professionals so we'll always have more individuals losing than making profits. Many newbies trading cryptocurency are trading with emotions therefore they'll always make mistakes due to following their emotions instead of following the charts. To make profits when trading, we have to learn to separate our emotions when making decisions so we can be focused and only take trades based on what the charts is saying.

beginners trade at first by feeling proud that they are a trader, especially when they are given a profit at the start of trading, so they can feel that trading is easy, until finally they feel the real cruelty of trading, and for those who don't have a steely mentality then they disconnected from the world of trading, so that many people came in and out of the world of trading. For those who continue trading, they will invest more than the capital used for trading, while learning to trade

[Richkiedx]

that's true, not everyone because most of those who enter the trade immediately have a little idea that's the feeling that they already know their strategy the others who were taught in cryto are wrong, their strategy is wrong others, when they lose, they want to take it back immediately; others, when they win in trade, they want to trade immediately again, and they lose their ability to trade. If I'm one of you, focus on a strategy, not when you learn something new and do it immediately in the trade

[Cookdata]

A lot of traders are not as profitable as they claim to be. I don't know the exact percentage but I can say and stand to be corrected that 95% of traders even the so called professionals are not profitable. How do I know this through simple deduction. 95% of these unprofitable traders make their money through other means and their unsuspecting followers don't know this. Some of the means are
- starting a YouTube channel and making money of
a) affiliate program
b) YouTube ads

You are making assumptions with your information but agreed that many people that claim to be traders are not traders in real sense. They are doing videos and posting on YouTube channels for likes and ads to survive.  I mean, will real trader has that time to be making noise on videos with some random trend linee? The real traders are on their screen depicting how to know whether the market will go north or south, this doesn't invalidate real traders that are out there making it from the market.

The affiliate program is the most popular you see around their channel and the ones that will always ask for coffee money as if they hardly have difficult time in having breakfast.

- Having a paid course.
- Trading signals
- Selling trading merch
- impressions
- and others.

The true 5% of traders that are very successful and profitable do not even have a YouTube channel (only a very few exceptions). They are strictly for trading only, day in and say out.

You didn't mention of the pay signal and private groups where they drop trades. They are always quick to show their profit but wouldn't show you the profit from the exchange market. Hardly will you even see a person from the so called signal group of sharing testimony about the profit they have made from trading, most of the time paid signals are nothing but home of scammers.

[bayu7adi]

It seems like a fact, as many traders looking for quick money opt for short-term strategies, expecting fast results. They view trading as a quick fix for their economic challenges, but it often turns out the opposite. Instead of improving their financial situation, they find themselves in even tougher economic conditions.

Now, the relationship between a professional trader and a YouTuber is quite predictable. Someone who's already making money as an expert in trading doesn't need to seek victims on YouTube to boost their income by revealing their secrets. It's like keeping a popular recipe to themselves rather than sharing it on YouTube, assuming they'll gain extra income while actually making it easier for serious competitors.

A true trader who can make a living from trading has exclusive knowledge that is better kept secret.

[Porfirii]

Read this:

-snip-

I can agree to that, most traders are losing.

Trading is not gambling but it should be seen as gambling because they are the two things online that can make people to easily lose money.

I totally agree and I always compare both activities which, although different, have a lot of similarities. In fact, day-trading is almost in all cases pure luck, not to talk about futures, levers... And all TA patterns and candlesticks mere pseudoscience.

So traders who win constantly win money know what they're doing and have a winning plan since the beginning: they do not simply study a trading analysis book and try to put it into action, they have other ways of income as mentioned before (channels, sponsorships...) or a very deep understanding on what's going on in the market, which requires both the ability and many hours of hard work everyday.

Anyway, there are cycles when everybody loses, no matter your skill. Before Madoff's structure collapsed, suspicions started in part because he kept winning money in a market where everyone was losing.

[Sim_card]

I agree with you OP, because trading is not something that can be done by anyone and this is why people that claim trading is profitable are not traders. If not they wouldn't come to the public to deceive people that trading is profitable. Even the so call professional traders run at loss but the difference is that the professional traders have risk management and use that as an advantage in trading. If I am making profit everyday in trading why will I want to tell people about my strategy. Another thing is that most traders are not traders but gamblers because they lack the skills and depend on signal and assumptions. Also I see most traders as greedy people that are after quick profit, this makes them not to take their time to learn the in and out of trading properly before they jump into trading, and this is why the run at loss. Trading is very complicated.

[ItsCrafty]

Trading can be profitable or it can be give you a loss if you didn't know how to make trade but in my opinion if we start trading from a small amount and we should take profit even s small it will be give you a good benefit after few months and most trader are not profitable because they are getting penic the most affected thing in a loss in trading is penic if we regret this thing from our trade we will In profitable

[cryptoaddictchie]

Well depends but I agreed too. Some paid signals have payment and there we can see some fail trade signals too. Is that fine? No! As long as their paid they can get the losses from users especially if the group is somehow big. Also some referrals on exchange, or anything offer services. So its kinda nuts to join a group like that and pay for the subscription. Maybe theres a legit one but the winning rate is still not on accurate terms.

[Kwame Eddie]

I have to agree. Yes, it is true that most traders are not profitable. Trading in financial markets is very challenging, and statistics prove that a majority of traders do not consistently make profits.

[BitcoinTurk]

Unfortunately, trading isn't something that everyone can achieve and it takes a long time to make money by trading. This is because financial markets are complex and it is almost impossible to make money in them without a fair amount of experience. Yes, unfortunately many people who define themselves as professionals cannot earn a profit by trading because trading requires not only experience but also the need for a person to plan risk management correctly and control his/her emotions.

On the other hand, the fact that many new individuals are included in the cryptocurrency markets and that these people are generally inexperienced in the financial markets or cryptocurrency markets causes the percentage of people who can make a profit by trading to decrease.

[Russlenat]

A lot of traders are not as profitable as they claim to be. I don't know the exact percentage but I can say and stand to be corrected that 95% of traders even the so called professionals are not profitable. How do I know this through simple deduction. 95% of these unprofitable traders make their money through other means and their unsuspecting followers don't know this. Some of the means are
- starting a YouTube channel and making money of
a) affiliate program
b) YouTube ads

- Having a paid course.
- Trading signals
- Selling trading merch
- impressions
- and others.

The true 5% of traders that are very successful and profitable do not even have a YouTube channel (only a very few exceptions). They are strictly for trading only, day in and say out.

While there are few traders who are making it big in trading, but majority of these existing traders are not actually in profits but still claim that they are successful and profitable traders. And mostly, those who keep flexing their trading strategies in their social media account are those who are not making profitable trades.

Real successful traders only keep their strategies to theirselves, and as long as they find it beneficial to their career, they will never flaunt or disclose it to their youtube channel if there's any or their social media account. That's how they keep their trading career successful for a longer period.

[Inwestour]

Without having to dispute on claims you’ve made in the OP,
I would say, as much as some of these guys actually make money through the ads view on the content they create and other programs they host through there channel(s), some of them are getting some true success.

A quick note:
The term we mainly refer to as professional traders have come with a different definition as against what it’s assumed to be which is; traders that have a good level of expertise on there trades or happens to be pretty successful.
Professional traders are individuals who trade on behalf on an institution (institutional traders) and are being paid for their services.

Something to note, we have more day to traders newbie and petty traders than we could have of any self proclaimed expert traders and as such, they’ve got to be more losses than profit to some individuals, that in itself is a fact.

The definition of professional indicates that if a person can earn money from the business in which he is engaged. Accordingly, if a trader can make money only by trading, then he is a professional trader, if he makes money from advertising exchanges, or some other products, receives profit from referrals and the like, then this person receives the main profit from advertising, but his trading is not so successful then this is something else.

If a trader could only earn money from trading, he would not be promoting other products. This is mainly done by traders-bloggers and I don’t really trust such people.

[Hamza2424]

I have to agree. Yes, it is true that most traders are not profitable. Trading in financial markets is very challenging, and statistics prove that a majority of traders do not consistently make profits.

Hmm, dear just keep in mind that there the smarter people who are competing with you with higher experience, and capital to play. You need to learn how to stay one step ahead of them and need to be psychologically more adaptive to market sentiments. Here in this market, only whales win, because they own the key principle that most of the new traders don't possess.

You can say new traders are the liquidity providers to the old ones. New people lose money and frustration leaves the market.

[Latviand]

If the majority of traders are losing money, it indicates that the trading approach used in this era is flawed. Aside from that, most of them are still appearing to know something, but the truth is that they know very little and that knowledge in this area isn't yet that deep, right?

Or that they are using traditional ways to trade which isn't applicable to bitcoin and other crypto since crypto market is so volatile or maybe the claim that a lot of traders aren't profiting from trading but wouldn't we see them quit after awhile if they're not profiting at all, if that's the correct or closest to the right percentage, that would mean that a lot of these traders are either not really trading and the stuff that come out of their mouth are either nonsense that they can't back up which is sad and frustrating because that would mean they've been deceiving a lot of people but that's a far fetch theory too that they're not profiting and that they're lying to their followers too because someone would've called them out a long time ago.

[mvdheuvel1983]

Read this:

https://tradeciety.com/24-statistics-why-most-traders-lose-money?hs_amp=true

Our research suggests that about 70 to 90% of traders lose money. It is, of course, impossible to get an exact number, but as a rule of thumb, we believe 70-90% is close to the “correct” ballpark figure.

Approximately 1–20% of day traders actually profit from their endeavors. Exceptionally few day traders ever generate returns that are even close to worthwhile. This means that between 80 and 99 percent of them fail.

Based on several brokers' studies, as many as 90% of traders are estimated to lose money in the markets. This can be an even higher failure rate if you look at day traders, forex traders, or options traders.

I can agree to that, most traders are losing.

Trading is not gambling but it should be seen as gambling because they are the two things online that can make people to easily lose money.

I am glad that there are articles to back up my observations.
I didn't even have to read these articles or studies to come to the conclusion. This is was just from natural observation. I just noticed that
- increase in YouTube channels of trading influencers.
- increase in the number of Instagram channels with traders showing off their set up and charts.
- TikTok videos of trading influencers directing viewers to some links to buy a course

It is just crazy. These people trying to make money off novices and recycling old trading stories.

[South Park]

I am glad that there are articles to back up my observations.
I didn't even have to read these articles or studies to come to the conclusion. This is was just from natural observation. I just noticed that
- increase in YouTube channels of trading influencers.
- increase in the number of Instagram channels with traders showing off their set up and charts.
- TikTok videos of trading influencers directing viewers to some links to buy a course

It is just crazy. These people trying to make money off novices and recycling old trading stories.

The research over the previous decades has shown that this is consistently the truth, even when the stock market was experiencing an unprecedented bull market most traders were still losing money, what those influencers are doing is nothing more but to play with the greed of people by promising them they can obtain profits if they follow them or if they buy their products, however once people finally understand that stat and admit they are no different than all of those traders which failed, that is when they will have to take a difficult decision, which is to give up on trading completely or finally decide to make the effort to research the markets on their own and stop looking for the easy way out.

[stomachgrowls]

I am glad that there are articles to back up my observations.
I didn't even have to read these articles or studies to come to the conclusion. This is was just from natural observation. I just noticed that
- increase in YouTube channels of trading influencers.
- increase in the number of Instagram channels with traders showing off their set up and charts.
- TikTok videos of trading influencers directing viewers to some links to buy a course

It is just crazy. These people trying to make money off novices and recycling old trading stories.

The research over the previous decades has shown that this is consistently the truth, even when the stock market was experiencing an unprecedented bull market most traders were still losing money, what those influencers are doing is nothing more but to play with the greed of people by promising them they can obtain profits if they follow them or if they buy their products, however once people finally understand that stat and admit they are no different than all of those traders which failed, that is when they will have to take a difficult decision, which is to give up on trading completely or finally decide to make the effort to research the markets on their own and stop looking for the easy way out.

Those things been known in the past which turns out to be the reason on why they have lost money, yes mistakes could happen but once it had been known then people would normally be avoiding it and it would really be causing for them to make another path for them to take and trying to be profitable as much as possible. Tons of things and factors could really make out some effect along the way on which it would really be just that so normal that people would really be making out adjustments. Talking back into the thing or situation about traders are not profitable then this is something that a little bit true but to know that this market is really just that like a tug-of-war then to those people who are making money are the winners and the losing side would be the ones who losses up money as simple as that.

This is why skills and knowledge would really be that relevant because if you do lacking of these things then you wont really be able to survive or sustain within this market and this is something that
you should really be looking into. Being profitable on this market isnt impossible but its not something that simple that you could really be making yourself that confident.
You would be able to realize it once you do able to make yourself do have that  real engagement in the market.

[Romeotom]

I am not a good trader even when i have to start trading then many time i have been got loss. That's why i will need to tech about trade. But yes basic knowledge with improve trade of some loss money will prepared great trading idea. Really very dangerous trading step for all news members so be aware if you couldn’t understand it.

[lalabotax]

The true 5% of traders that are very successful and profitable do not even have a YouTube channel (only a very few exceptions). They are strictly for trading only, day in and say out.

Actually, this is not good, but that's the way it is. Indeed, many novice traders fail and lose a lot. and only a small percentage survive and are ultimately able to find their trading patterns satisfactorily without using trading signals. And of course this requires enormous efforts. We are not talking about pro traders because that would be different. But not only newbies but also some people who have been trading for a long time often fail because they have poor analytical skills, due to a lack of knowledge and seriousness and efforts. Trading is high risk and requires patterns and skills that are good enough to be able to manage itself so that you gain more profits than losses.