Found the talent - page 20
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You don't understand anything about pams. "Profit is nothing, stability is everything!!!" ))))
There are interesting statistics on the same PAMMs. Out of 5600 open accounts.
Only 210 actually with capital more than $ 3000.
The last year lasted only 80 accounts.
Of these, 40 are in the red or lost.
Only 30 accounts were in the plus of 10%.
of which 20 accounts are+ up to 50%.
10 accounts in plus from 50 to 100%.
And more than 100% annual return only 7 accounts.
Bottom line: can trade with less than 1% profit
There are interesting statistics on the same PAMMs. Out of 5600 open accounts.
Only 210 actually with capital more than $ 3000.
The last year lasted only 80 accounts.
Of these, 40 are in the red or lost.
Only 30 accounts were in the plus of 10%.
of which 20 accounts are+ up to 50%.
10 accounts in+ from 50 to 100%.
And more than 100% of annual return only 7 accounts.
Bottom line: can trade with less than 1% profit
1% is still a lot. Wait a couple of years...
what will change?
It will get worse...
Will it get worse...
will they start shooting the profitable ones? :)
will they start shooting the profitable ones? :)
They'll go extinct on their own :)
For the sake of argument: in zero sum games, the sum of the winners' profits = the sum of the losers' losses. In our case the sum is negative:
sum of winners' profits = sum of losers' losses - DC profit for this period (if you trade not through DC, you pay trading costs a little differently, but they are there :))
So the amount of profit of winners depends on the inflow of losers and greed of infrastructure. The inflow has to be powerful enough to provide money for everyone else. So either there has to be a steady stream of losers, or an influx of newcomers. The first is a clinical case and is rare enough - so a constant influx of new meat is needed. Therefore, the number of losers must be high compared to the gainers.
There are interesting statistics on the same PAMMs. Out of 5600 open accounts.
Only 210 actually with capital more than $ 3000.
The last year lasted only 80 accounts.
Of these, 40 are in the red or lost.
Only 30 accounts were in the plus of 10%.
of which 20 accounts are+ up to 50%.
10 accounts in plus from 50 to 100%.
And more than 100% annual return only 7 accounts.
Bottom line: can trade with less than 1% profit
Interesting statistics, it's a good sign.
;)
We must not forget an important feature of these accounts, and that is PAMMs.
Consequently, there are investors who have also brought their funds in accounts
and unfortunately, there is much more money in the losing accounts
than in the winning accounts. It is a kind of "6 out of 36 lotto".
In this case it is much worse for the investors, because here it is 7 out of 210.
Either 10 out of 210, or 20 out of 210.