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Why 90% of Traders Fail
There are a lot of companies out there that won't tell you this fact. We did some statistical research and found a few published studies that validated the fact. We also found an interesting survey where experienced successful traders were asked if they had ever blown up an early account and the answer from 9 out of 10 traders was "Yes". And they gave the following reasons: Not enough experience trading live money Undercapitalization Over leveraging Over Trading Not enough sufficient understanding of financial markets No detachment from emotion and money This is encouraging because these 90% that busted out an early account,...