Two Blokes Trading - Learn To Trade Online
Why 90 Percent of Traders lose money
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:14:11
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Sinopsis
In this episode, Mike and Rory discuss why 90% of traders lose money and how you can avoid being on the wrong side. Rory opens and mentions that too many people believe the BS narrative that comes from brokers who may have a conflict of interest with trading whether that is selling you false information or pushing you to trade products you have absolutely no idea about.Rory also mentions how most retail traders unfortunately treat trading like a casino, where they expect to deposit £100 and turn it into £100,000 in the most unrealistic timeframe. Mike talks about the importance of risk adjusted returns and how 5x your money every year is a very unrealistic approach, traders must seek out information and understand the distribution of returns for a trader each week, month, or year. This is the type of content we cover more of in our App. Rory follows on from Mike talking about some of the professional returns and what to expect from markets.The podcast also unveils the truth behind scams who claim to have prop