#CryptoCharts101 Common behaviours among successful traders were identified by looking through anonymised trading data from over 100,000 live accounts and tens of millions of trades.1 Some clear patterns emerged – and this separated profitable traders from those who made mistakes and lost money.
The first interesting finding was that traders closed more than 50% of all trades at a profit. In other words, traders were ‘right’ more often than not. However, many traders lost significantly more money on their losing trades than they made on their winning trades.