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, eventually became successful traders... and so can you.
We have solutions for each obstacles to becoming a successful trader.
If you would like to experience what it is like to become a Day Trader without any risk or obligation, we encourage you to purchase our Intro to Trading Package.