For everyone who has just entered the stock market and dreams of becoming a talented trader, they will eventually face a cruel but true statistic: 90% of traders fail to make a profit in stock trading. Specifically, 80% of traders lose money over time, 10% barely break even, and only 10% can make a continuous profit in the market. The truth revealed by this statistic does not change due to differences in region, age, gender or intelligence. It is like a mirror, reflecting the cruel reality of the stock market, and also reflecting the desire and struggle of traders. Everyone wants to be in the top 10% and make stable profits in the stock market, but only a few are willing to spend enough time and effort for this. When I share my experience with my audience, I often ask them whether they want to learn the secrets of the 10% successful traders, or are satisfied with understanding the mediocre path of the 90% traders. The answer is always obvious, they want to be one of the few successful ones. To understand the 10% of success, it is not necessary to blindly study all books and courses, but to absorb selectively and find methods and strategies that suit you.
To succeed in stock trading means that you must take a different path and do things that most traders are unwilling or unable to do. This may sound simple, but it is actually full of challenges, because many times we don’t know what we don’t know. So, for a novice, how can you find the right direction for yourself in the vast ocean of information?
In this article, I will explore in depth why most traders cannot make sustained profits in the stock market, and more importantly, I will share how to avoid becoming the 90% losers. At the same time, I will also outline the common characteristics and strategies of those 10% successful traders, hoping to provide some guidance and inspiration for your exploration in the stock market.
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