Most Traders are Not Profitable

[cafter]

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.

traders who make consistent profit or who are from those 5% will not be found on forums, youtube channel, telegram, etc.
because they don't have time and interest in selling their courses or secrets which not one will share easily, I have seen youtubers sharing fake PNL statements but there are lot of them.and so called professional are youtubers who are "professional" in trading because that is the way of their earnings that how they get there content to post on youtuber or any other platform.

[1715108986]

1715108986

[1715108986]

1715108986

[1715108986]

1715108986

[tygeade]

It's simple: traders who don't become profitable in trading are obviously ignorant and need to learn more about crypto trading. We know that trading is not easy to learn here; it really takes time before we have an idea here, to be honest.

Just start with the basics and then gradually learn the description of each indicator used in the trading exchange platform, such as candlestick, timeframe, and so on.

more beginners are too hasty to start trading. with very little knowledge about trading, they take such a big risk to start trading. Of course, that will only result in several consecutive losses. after being quite satisfied with the loss, I think it is enough to provide experience to learn more before starting again.
However, some beginners still feel that it is not good to trade using their analysis. but instead believe more and follow trading signals. that's what happened.

I think at the start their analysis will be as bad as following others, and that's why they worry about not doing it themselves. If you worked really hard to figure out what you should buy and the moment you buy it goes down then you would feel sad about it as well, so I understand why they think someone else could be better than them.

But the reality is that on the long term they are making a mistake, because when they first start they will be bad, maybe even worse than what others can help them with so they are right, but then if they keep going, others will be much worse and make them lose money whereas if they insist then their analysis will get better and they will start making a lot more money. This is why I suggest newbies to make mistakes, it will make them lose some money that is true, but that doesn't mean that we are going to see them keep losing forever, eventually they will start to make some money from it as well given enough time.

[bitgolden]

Sad to know about it but yeah, only a few traders make their journey profitable. The reason why the majority had suffered losses is because
 - they are impatient
 - lack of knowledge

All of these things happen because of the influence of these social media influencers saying that they can make money easily and showing trading tips that never work in real life. Many have been fooled into such ads and they face the consequences of losing their money.

Actually, in the reality that happens in the actual trading of exchanges here in cryptocurrency, most of them do trading, but the majority of them also do not get much profit from it, and if they do, it is slow.

So the best thing for them to do is that if the same thing happens with what they are doing, they should hold it long-term while they study it, and at least the capital they use in the trading activity they are doing will not be put at risk. .

If they could just use the money for long term investing and not trading then they could have made so much profit but because they insist on making money by trading they end up losing it all, I think that's the problem and should be considered a bigger deal than what we think. I understand that we may not think that this is a big deal, but at the end of the day we are going to end up with thinking that it is going to be fine and we trade with that mindset, thinking we will be fine.

If we are not fine that's a big deal and we end up losing and then we try to recover and make even bigger mistakes and lose even more money, that is why it is quite risky and dangerous and we should not be doing something like that at all, we should be careful.

[huu78]

I think the percentage ratio is not too far, maybe 60:40 or 70:30, because if it were that far, people wouldn't trade.
so I think your prediction is wrong.
and not always those who open such channels will lose, because the chance is 50%.

[Fatunad]

I think the percentage ratio is not too far, maybe 60:40 or 70:30, because if it were that far, people wouldn't trade.
so I think your prediction is wrong.
and not always those who open such channels will lose, because the chance is 50%.

How you could be able to say so? There were no studies or proven out that those percentages were real. No one really knows on how many are the losers and how many are making profits.
But much sure that everyone is really that experiencing losses and profits. We do know that this isnt something that we can be able to know but pretty sure that the ones who are really that
making profits and there are ones who do losses. It would really be just that in between things. This is why we are really doing our very best for us to survive into this market.
You wont really be able to survive if we wont really be that wise when it comes to our trading analysis.

It would really be that just depending on how well we do make our trades and if you are really that eager to make yourself included into those
traders who are profitable then it would really be just that normal that you would really be finding your way on achieving it.

[South Park]

If they could just use the money for long term investing and not trading then they could have made so much profit but because they insist on making money by trading they end up losing it all, I think that's the problem and should be considered a bigger deal than what we think. I understand that we may not think that this is a big deal, but at the end of the day we are going to end up with thinking that it is going to be fine and we trade with that mindset, thinking we will be fine.

If we are not fine that's a big deal and we end up losing and then we try to recover and make even bigger mistakes and lose even more money, that is why it is quite risky and dangerous and we should not be doing something like that at all, we should be careful.

There are many reasons which can explain why people prefer trading over investing, however I think one of the most powerful is that most people are not comfortable with the idea of their money working for them, instead of taking the easiest and most obvious path which is to just invest in bitcoin and hold their coins for as long as they can, people cannot really accept that money can be made literally while they are sleeping, so they prefer to look at the charts, make complex strategies and perform many other activities thinking this is the way to get massive profits, only to discover way too late they were wrong and the easiest path was also the best.

[lalabotax]

But in reality, there are still lots of people who trade professionally, of course because it's profitable for them. However, not everyone will actually make a profit in trading. there are also many losses.

There are many reasons which can explain why people prefer trading over investing, however I think one of the most powerful is that most people are not comfortable with the idea of their money working for them, instead of taking the easiest and most obvious path which is to just invest in bitcoin and hold their coins for as long as they can, people cannot really accept that money can be made literally while they are sleeping, so they prefer to look at the charts, make complex strategies and perform many other activities thinking this is the way to get massive profits, only to discover way too late they were wrong and the easiest path was also the best.

Yes, it cannot be denied that people who are focused on trading, they are really focused and serious about it, spending their time looking at charts and analyzing them, as well as trading several pairs and methods at almost the same time. Usually they don't just focus on 1 pairing. So in fact, as long as the city is ready for the risk of trading, we can legally choose to trade and collect profits little by little. Because usually one of the reasons is that some traders only have small capital, so it would not be worth it if they just invested. some think so.

[borovichok]

Actually, when I used to trade earlier, at that time I used to pay a person, that is, I hired a broker, so he would charge me a fee and in return he would teach me trading, and besides, he would cooperate with me. I used to do it, that is, whenever I used to trade, he used to tell me that you should do this, that is, you should put a stop loss here, you should buy here, you should sell what you have here, all the methods he told me. But later because his fees were too high, I left him and started trading on my own, which led to a very loss able for me

Losses can become more frustrating especially for newbies who just enter the space and scouting for prominent projects to start up with. Talking about traders that are not profitable in the system, they're many and not everyone have the grace to earn from the system without facing difficulties from one or two basis in the system. Losses occur on a daily basis, and I will never back down from my actions of not generating money because there are numerous ways to execute if one is certain of producing large profits from the system. Paying someone for cryptocurrency coaching is a good and courageous step for everyone to comprehend and begin generating good income. We can genuinely learn to trade on our own because whatever we desire is available online, and milking the system is not regarded tough in the system.

[bitterguy28]

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.

traders who make consistent profit or who are from those 5% will not be found on forums, youtube channel, telegram, etc.
because they don't have time and interest in selling their courses or secrets which not one will share easily, I have seen youtubers sharing fake PNL statements but there are lot of them.and so called professional are youtubers who are "professional" in trading because that is the way of their earnings that how they get there content to post on youtuber or any other platform.

those are scalpers ? the kind of traders that is good in taking small amount as profit but there is consistency things that is very hard to master (because I have tried this as well and trust me , so hard)

YouTube is a place where people are being fooled most of the time so lets not be a victim , instead do your job for your own money.

I think the percentage ratio is not too far, maybe 60:40 or 70:30, because if it were that far, people wouldn't trade.
so I think your prediction is wrong.
and not always those who open such channels will lose, because the chance is 50%.

maybe he is correct , because some traders are just tried for several times and when they failed then will leave the trading platform but they are alreay counted as loser so the ratio is still correct .

[Patrol69]

Most traders suffer because they cannot be patient. Both profit and loss are our trading, if a trader only wants to make profit but never want to see his money in loss then his trading skill is quite wrong. The market is changing every moment and the change is only positive or negative. Buying a coin during a positive change and if the market turns negative will result in temporary losses. The mistake we make when the temporary loss occurs is whenever the market goes down a bit and when the market stays there for two to three days we panic and panic and sell our coins at a relative loss which is a big wrong decision for us. Every trader who can patiently wait for profit during losses will definitely profit.

[leonair]

Most traders suffer because they cannot be patient. Both profit and loss are our trading, if a trader only wants to make profit but never want to see his money in loss then his trading skill is quite wrong. The market is changing every moment and the change is only positive or negative. Buying a coin during a positive change and if the market turns negative will result in temporary losses. The mistake we make when the temporary loss occurs is whenever the market goes down a bit and when the market stays there for two to three days we panic and panic and sell our coins at a relative loss which is a big wrong decision for us. Every trader who can patiently wait for profit during losses will definitely profit.

Trading does not demand patience. Trading requires skill and experience.  But if you want to invest for long term, a lot of patience is required. The reason for losing instead of profiting through trading is that he does not have enough knowledge about trading.  And not doing potential market analysis. There are many people who think trading is too easy after seeing other's profit and rush to trade and that is why they lose while trading.

[samuraijin]

It's simple: traders who don't become profitable in trading are obviously ignorant and need to learn more about crypto trading. We know that trading is not easy to learn here; it really takes time before we have an idea here, to be honest.

Just start with the basics and then gradually learn the description of each indicator used in the trading exchange platform, such as candlestick, timeframe, and so on.

more beginners are too hasty to start trading. with very little knowledge about trading, they take such a big risk to start trading. Of course, that will only result in several consecutive losses. after being quite satisfied with the loss, I think it is enough to provide experience to learn more before starting again.
However, some beginners still feel that it is not good to trade using their analysis. but instead believe more and follow trading signals. that's what happened.

In my opinion, these beginners have a very high curiosity about trading and, in addition, they always read news related to trading issues, when they feel panicked after reading fake news, they will feel like selling the coins they own and in the end they will lose money. what they experience will have an impact on their physical and mental health, so it is not surprising that there are so many beginners who experience this, their curiosity and panic in situations of fear plus very little knowledge in trading, in fact experience in trading is really needed, to In trading, you must at least have the courage to take risks, whatever the risk, you still have to be calm and continue to monitor the movements of all prices in the market, don't be afraid if you buy a coin with a big name such as ETH, BNB or Bitcoin, whatever we lose, it is still valuable in all global markets.

Confidence in trading means you have to remain confident, so the decision you will take is a brave decision in my opinion, at least learning from that experience will be much better and later when trading you will be careful in choosing which coins to buy.

[carlfebz2]

It's simple: traders who don't become profitable in trading are obviously ignorant and need to learn more about crypto trading. We know that trading is not easy to learn here; it really takes time before we have an idea here, to be honest.

Just start with the basics and then gradually learn the description of each indicator used in the trading exchange platform, such as candlestick, timeframe, and so on.

more beginners are too hasty to start trading. with very little knowledge about trading, they take such a big risk to start trading. Of course, that will only result in several consecutive losses. after being quite satisfied with the loss, I think it is enough to provide experience to learn more before starting again.
However, some beginners still feel that it is not good to trade using their analysis. but instead believe more and follow trading signals. that's what happened.

In my opinion, these beginners have a very high curiosity about trading and, in addition, they always read news related to trading issues, when they feel panicked after reading fake news, they will feel like selling the coins they own and in the end they will lose money. what they experience will have an impact on their physical and mental health, so it is not surprising that there are so many beginners who experience this, their curiosity and panic in situations of fear plus very little knowledge in trading, in fact experience in trading is really needed, to In trading, you must at least have the courage to take risks, whatever the risk, you still have to be calm and continue to monitor the movements of all prices in the market, don't be afraid if you buy a coin with a big name such as ETH, BNB or Bitcoin, whatever we lose, it is still valuable in all global markets.

Confidence in trading means you have to remain confident, so the decision you will take is a brave decision in my opinion, at least learning from that experience will be much better and later when trading you will be careful in choosing which coins to buy.

Actually there's no exemption into this one on which when it comes to new things that we are dealing with or something that we've seen which is something that interesting then it would really be just that normal for human beings would really be creating up that kind of desperation thing on which they would really be that trying out their best to make out that kind of engagement. Most common mistakes or errors is that we do usually on rushing up on trying to look for on how to make money that fast without even trying to realize on what are the things that you would really be needing up to learn first so that you could be able to make yourself that handle out with this unpredictable space.

Trading is never been simple in the first place but it doesnt really mean that people cant really be able to make dealing with. It is really just that matter of risks acceptance and would really be having
that realistic approach to it. Majority of us would really be committing out mistakes since we are really that setting out with those unrealistic approach towards it on which we do have those kind of thoughts
that we might really be that ending up on being successful with it in no time or in a simplel way on which it isnt really just right with having that kind of mindset.

[nara1892]

Most traders suffer because they cannot be patient. Both profit and loss are our trading, if a trader only wants to make profit but never want to see his money in loss then his trading skill is quite wrong. The market is changing every moment and the change is only positive or negative. Buying a coin during a positive change and if the market turns negative will result in temporary losses. The mistake we make when the temporary loss occurs is whenever the market goes down a bit and when the market stays there for two to three days we panic and panic and sell our coins at a relative loss which is a big wrong decision for us. Every trader who can patiently wait for profit during losses will definitely profit.

Trading does not demand patience. Trading requires skill and experience.  But if you want to invest for long term, a lot of patience is required. The reason for losing instead of profiting through trading is that he does not have enough knowledge about trading.  And not doing potential market analysis. There are many people who think trading is too easy after seeing other's profit and rush to trade and that is why they lose while trading.

But is waiting for the right moment to open a trade according to our strategy not patience? Of course, I don't think patience can always be taken away from traders, they trade using a strategy and don't just open trades, which means they will wait for the right time that suits their strategy to then open a trade to make a profit. Not only that, trading is not always profitable and that means that every trader cannot completely avoid losses and isn't patience also needed in situations that are experiencing losses? if there is no patience it means that traders will act recklessly because of the encouragement of emotions that are not restrained.

For other things I quite agree with you that experience which will become a skill is also very much needed in the world of trading, I honestly admit that one of the reasons traders experience losses is because they do not have qualified understanding and skills but they are desperate to trade because they are motivated by people who have managed to get big profits, even though there is something that the person has and does so that he can get big profits, namely qualified understanding and skills that they get from his experience.

[RockBell]

Most traders suffer because they cannot be patient. Both profit and loss are our trading, if a trader only wants to make profit but never want to see his money in loss then his trading skill is quite wrong. The market is changing every moment and the change is only positive or negative. Buying a coin during a positive change and if the market turns negative will result in temporary losses. The mistake we make when the temporary loss occurs is whenever the market goes down a bit and when the market stays there for two to three days we panic and panic and sell our coins at a relative loss which is a big wrong decision for us. Every trader who can patiently wait for profit during losses will definitely profit.

Many people's lack of patience has caused them not to profit and enjoy Bitcoin, but because they are not patient enough, and they always fail to understand that trading Is very technical. As you stated, profit and loss must be experienced, so the market must be thoroughly researched before attempting to trade. The market is always changing, and proper knowledge will allow anyone to explore the market with less risk, and whether the market is positive or negative, you will know the best decision to make. And the issue of buying and resulting in loss is mostly a concern for holders and traders mostly concerned with the signals. And am sure nobody will want to sell anything now that the market is unstable. And during the bull holders will sell.

[Lanatsa]

Most traders suffer because they cannot be patient. Both profit and loss are our trading, if a trader only wants to make profit but never want to see his money in loss then his trading skill is quite wrong. The market is changing every moment and the change is only positive or negative. Buying a coin during a positive change and if the market turns negative will result in temporary losses. The mistake we make when the temporary loss occurs is whenever the market goes down a bit and when the market stays there for two to three days we panic and panic and sell our coins at a relative loss which is a big wrong decision for us. Every trader who can patiently wait for profit during losses will definitely profit.

Trading does not demand patience. Trading requires skill and experience.  But if you want to invest for long term, a lot of patience is required. The reason for losing instead of profiting through trading is that he does not have enough knowledge about trading.  And not doing potential market analysis. There are many people who think trading is too easy after seeing other's profit and rush to trade and that is why they lose while trading.

But is waiting for the right moment to open a trade according to our strategy not patience? Of course, I don't think patience can always be taken away from traders, they trade using a strategy and don't just open trades, which means they will wait for the right time that suits their strategy to then open a trade to make a profit. Not only that, trading is not always profitable and that means that every trader cannot completely avoid losses and isn't patience also needed in situations that are experiencing losses? if there is no patience it means that traders will act recklessly because of the encouragement of emotions that are not restrained.

For other things I quite agree with you that experience which will become a skill is also very much needed in the world of trading, I honestly admit that one of the reasons traders experience losses is because they do not have qualified understanding and skills but they are desperate to trade because they are motivated by people who have managed to get big profits, even though there is something that the person has and does so that he can get big profits, namely qualified understanding and skills that they get from his experience.

Speaking about patience then this something that we do really need to have specially on dealing up with this unpredictable space. If you are that someone whose really that impulsive and doesnt have that much in speaking about patience then you really that likely on committing out mistakes yet because you are really that somewhat in a hurry anytime and this kind of behavior doesnt really fit out on crypto world on which it does really involved on waiting. Unless if you are really that dealing with those shitcoins or memecoins which having those fast movements then it would be significant buf if you are really that sticking
into those top coins in the market on which movements arent really that crazy but still way more volatile if we do compare it out into other markets.

This is why it would really be that always best that you should really know on how to assess yourself to be that effective on dealing up with this volatile space.
Being profitable or non profitable in trading would really be that vary or would really be that depending into someones dealing with trading or on what are the
decisions that been made on which we know that decisions are really that crucial specially on the timing itself.

[GiftedMAN]

Most traders suffer because they cannot be patient. Both profit and loss are our trading, if a trader only wants to make profit but never want to see his money in loss then his trading skill is quite wrong. The market is changing every moment and the change is only positive or negative. Buying a coin during a positive change and if the market turns negative will result in temporary losses. The mistake we make when the temporary loss occurs is whenever the market goes down a bit and when the market stays there for two to three days we panic and panic and sell our coins at a relative loss which is a big wrong decision for us. Every trader who can patiently wait for profit during losses will definitely profit.

Trading does not demand patience. Trading requires skill and experience.  But if you want to invest for long term, a lot of patience is required. The reason for losing instead of profiting through trading is that he does not have enough knowledge about trading.  And not doing potential market analysis. There are many people who think trading is too easy after seeing other's profit and rush to trade and that is why they lose while trading.

why do you think that trading do not demand patience? Do you expect to go into trading and start making profits from the market immediately? That is not possible. Patience is required for us to become a profitable gambler in the market. The market is huge and we can make profits from it if we know what we are doing. It is very obvious that many gamblers in the market are not profitable. The only way traders can be profitable is when they take another step working on themselves and learning about how to trade to be come experts in the market.

[Poker Player]

I think the percentage ratio is not too far, maybe 60:40 or 70:30, because if it were that far, people wouldn't trade.
so I think your prediction is wrong.
and not always those who open such channels will lose, because the chance is 50%.

What you say you think has more to do with writing something without much thought for meet your quota than with bringing something meaningful to the conversation based on facts. Therefore, it is not surprising that what you say you think, for which you haven't actually thought much, is incorrect:

Why 95% of Stock Traders Fail

Swing Trading Strategies: Why 95% Of Traders Lose Money and How to Become 5% Who Succeed. Complete Investing Guide For Beginners and More Advanced Stock Investors. (Master Trader Book 2) Kindle Edition

Scientist Discovered Why Most Traders Lose Money – 24 Surprising Statistics

Why 90% Of Traders Lose Money

[Barikui1]

In my own point of view, 95% is way too much, at least 90% is ok.
I have been trading for quite some time now, and I can testify that even though I have got some losses at some point in time, but I am still profitable.
There are so many good traders I know very well in  the business that are profitable, even though there profit wouldn't be that much, but at least they are not at the losing end of the market.

[Davidvictorson]

There are so many good traders I know very well in  the business that are profitable, even though there profit wouldn't be that much, but at least they are not at the losing end of the market.

I have a problem with the word "profitable". If OP say that most traders are not profitable does he or she means that they don't make money at all or tht they rarely make money or that the money they make from trading is not enough to call it a profit. This is what they fail to explain. Traders cannot all be profitable. If they are, it will be a huge problem for the market. However there will always the the one percent of traders who are consistently making profit because they have built up a channel for that and these are very experienced traders, the other non regular profit making traders are not experienced enough.