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Yet Another Stick Save- 12/21/22


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Your 70% is roughly correct:

  • 58% of retail traders lose money when trading CFDs with Interactive Brokers.
  • 65% of retail investor accounts lose money when trading CFDs with SaxoBank.
  • 67% of retail investor accounts lose money when trading CFDs with eToro.
  • 71% of retail CFD accounts lose money with CMC.
  • 72% of retail CFD accounts lose money with 500Plus.
  • 81% of retail investor accounts lose money when trading spread bets in IG

https://www.quantifiedstrategies.com/what-percentage-of-traders-fail/
 

The more inexperienced the more they loose. IB and Saxo have professional wealth managers as clients for example.

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1 hour ago, fxfox said:

Your 70% is roughly correct:

  • 58% of retail traders lose money when trading CFDs with Interactive Brokers.
  • 65% of retail investor accounts lose money when trading CFDs with SaxoBank.
  • 67% of retail investor accounts lose money when trading CFDs with eToro.
  • 71% of retail CFD accounts lose money with CMC.
  • 72% of retail CFD accounts lose money with 500Plus.
  • 81% of retail investor accounts lose money when trading spread bets in IG

https://www.quantifiedstrategies.com/what-percentage-of-traders-fail/
 

The more inexperienced the more they loose. IB and Saxo have professional wealth managers as clients for example.

I now use IB. And while I love their ordering system and executions, their charts are not state of the art.  They're just ok. And you can't use automatic technical trading algos, so I resort to trailing stops for buys and sells.  

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