Summary of 9 trading data points, summary - Be a laid-back winning holder
1. More than 70% of traders are losing.
2. The trading fee ratio of stable profitable traders is relatively low.
3. Top traders have shorter holding times for profitable positions.
4. Less than 5% of traders had positive trading results in the past three years.
5. Stable profitable traders have fewer trading occurrences in a year.
6. About 80% of profits come from 20% of trades.
7. Male traders account for 87%, while female traders only account for 13%.
8. Age distribution of traders: 5% are over 55 years old, 21% are between 40-55 years old, and 74% are under 40 years old.
9. The more trades, the easier it is to lose money: Average returns of traders with different trading frequencies over three years: -68% for those who trade more than 5 times daily; -31.5% for those who trade more than once daily; 12% for those who trade more than 0.3 times daily (once every 3 days); 59% for those who trade more than 0.1 times daily.
