
38 - If You Do This You'll Make Money
Diary of a UK Stock Investor
00:00
The Chance of Losing Money in Spread Betting
The true percentage is therefore going to be a lot higher than the average of 77%. Because those clients, they're not actively trading, but they probably end up losing money. And so that percentage would be higher if they were active. It's easy for humans to believe that they are going to be different and master an environment where eight to nine out of every 10 traders lose money. But 80 to 85% of people spread betting and trading, whether it's Forex, crypto stocks, EFTs, whatever it is, loses more than they make. They lose money.
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