Out of the 100, only 5 to 10% are such traders who are earning millions of dollars. The remaining 90% of traders have been ruined. They repeatedly come into the market, get their accounts wiped out, and so on...
Why? Because 90% of traders do not follow risk management, they keep taking random trades just by looking at others, and they get their accounts wiped out.
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Out of the 100, only 5 to 10% are such traders who are earning millions of dollars. The remaining 90% of traders have been ruined. They repeatedly come into the market, get their accounts wiped out, and so on...
Why?
Because 90% of traders do not follow risk management, they keep taking random trades just by looking at others, and they get their accounts wiped out.