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Cryptocurrency Q&A Do most people lose money day trading?

Do most people lose money day trading?

GyeongjuGrace GyeongjuGrace Fri Dec 06 2024 | 6 answers 1281
I've heard that day trading can be risky and I'm wondering if most people actually lose money when they try it. Is there a general consensus or statistic on this? Do most people lose money day trading?
day trading lose money most people

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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