How many traders are successful and their rates of success
Less than 1
of Traders WIN
85% of those who trade for more than 4 years claim to win. In order to become a successful trader, you need a good understanding of the market. Only then can you develop a trading strategy and discipline. Professional traders often say that they lose a lot of money at the start of their trading journey because they lack the knowledge, strategy, or discipline to succeed. The majority of the profitable traders spent at least 4 years losing money before they were able to build a winning trading plan. If you do not have a professional background in financial markets, it could be even harder.