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A Few Facts and Advise for Those Who Want to Be Traders
If you have not received any technical analysis training so far, and you do not understand how financial markets work, what liquidity, volatility, artificial orders, and algorithms mean, to put it clearly and straightforwardly, it would be healthier for you not to step into this market.
"If you're going to do it, do it knowing the truths"
🔹 According to various research conducted on exchanges and crypto platforms:
76% of retail traders completely lose their capital or lose more than 70% within the first year.
The proportion of traders who continuously make a profit varies between 5% and 8% depending on the platform and the period.
92% of the top-performing profitable traders also work full-time in another job and maintain this job either with semi-automatic systems or by analyzing from time to time.
So my advice to you is:
➡️ Continue to pursue your own profession, business or expertise.
➡️ Think of trading as just a side income model.
➡️ Progress slowly by learning with small capital, taking low risks.
➡️ If you are impatient and want to make money quickly, this job is not for you.
I have been through it all.