The 0.03% Law

Soros once introduced a 0.03% law:

Out of 10,000 futures traders:
1,000 can correctly predict the market,
which means about one-tenth of the people can predict the market correctly;
but among these 1,000 who predict correctly,
only 100 can actually make correct trades,
meaning they dare to use their own money to place orders,
so overall, only 1% of the people can both predict correctly and make correct trades;
Among these 100 who predict and trade correctly,
how many ultimately make money?
Only 3, which means only 0.03% of the total can both predict and trade correctly and still end up making money.

To summarize:
Out of 10,000 people, 1,000 predict the market correctly,
and among those 1,000, only 100 make correct trades,
but among these 100 who trade correctly, only 3 ultimately make money!
In other words, the final profit probability is just 0.03%!

Trading futures contracts for speculation/investment is very difficult; only 0.03% of people ultimately make money! No matter what, entering this industry requires:

The courage and resolve to say:
"Write to bring peace to the world"
"Ride to establish the universe"

Otherwise, losing money not only harms your body but is also not worth it! Let’s encourage each other!