Trading is easy and safe. You can make a profit easily
Most people enter trading to make a quick buck in their free time. Slowly, they realise it is easy to start but tough to stay in it while being a successful trader.
Active trading is like running a business, with only a small percentage of traders succeeding. Most people don’t think of trading as a business when they start it.
Also, data suggests that 70% of traders don’t last beyond the first year and 95% stop trading by the third year. Only 1% of active traders make more than bank fixed deposits over 3 years timeframe.
Check if trading as a profession is suitable for you here.
Share this with your friends and family. Help out your buddies.
Was this blog shared with you? You can subscribe to our personal finance newsletter to receive such insightful articles directly to your inbox!