@@slamdanong1658 你的話很無知 Key Takeaway: Day Trading Statistics High Attrition Rate: 40% of day traders quit within a month, and only 13% remain after three years. Low Success Rate: Only 13% of day traders maintain consistent profitability over six months, and a mere 1% succeed over five years. Financial Losses Predominate: 72% of day traders ended the year with financial losses, according to FINRA. Proprietary Trading Struggles: Among proprietary traders, only 16% were profitable, with just 3% earning over $50,000. Minimal Long-Term Success: A study of Brazilian day traders found only 3% were profitable, with just 1.1% earning above the minimum wage. Exceptional Earnings Are Rare: Reports of day traders earning millions are outliers, with the median profit around $13,000, suggesting survivorship bias in reporting. Gender Disparity: 90.5% of day traders are men, though women, who make up 9.5%, tend to be better traders due to more cautious strategies. Leverage Risks: Day traders using margin for leverage suffer an average return of -4.53%, highlighting the dangers of leverage. Growing Participation: The percentage of American stock traders increased from 15% in 2019 to 25% in 2021. Younger Demographics: A significant portion of online traders are in the 18-to-34-year age bracket, with an increasing number of women participating. Global Participation: Only 5% of digital traders live in major financial hubs, with half based in Asia. Increased Trading After Wins: Traders often increase engagement and position sizes after a series of wins, leading to potential losses. Control and Accessibility: 80% of day traders cite trade control as a primary appeal; many are drawn by low entry barriers and leverage. Cryptocurrency Trading: A significant number of traders, especially millennials, are drawn to cryptocurrencies, though success rates are unclear. Risk Management Practices: 88% use stop-loss orders, but the effectiveness of stop losses is debated. Strategic Planning: 70% of day traders have a trading strategy, with a significant reliance on technical analysis. Persistence Amid Losses: Day traders typically face financial losses for six months before quitting. High Risk of Total Loss: A common saying suggests 90% of day traders lose 90% of their funds within 90 days, underscoring the importance of risk management.