How many people could he earn and obtain profitability by investing in financial markets and trading today?
Or to criticize and doubt, instead of trying to contribute and investigate, to verify it for us. It is also easier and more comfortable to get carried away by that feeling of continuous negativity, inaction and lack of decision, of no entrepreneurship, of not taking any decision (and even allowing ourselves the luxury of criticizing those who intend to build, develop or carry out something that goes against that feeling that “everything is impossible”. We remain still, letting ourselves rock in that feeling of defeat and in those limiting beliefs that they want to impose on us and that we accept so many times without question.
It is also not, of course, to fall on the opposite side, and be euphorically hyper optimistic, to think that everything is rosy (and those that do not have spines), that it is enough to believe and desire something to make it happen (without effort, nothing will happen, except on rare occasions …), nor to think that a simple thought of motivation and self-help will take us where we want (in our life and in our trading …).
From our website we continually reiterate that the attitude and desire do not work at all without the aptitude, without the training, without the necessary preparation, work and dedication … and always vice versa, of course.
But it will not make us be better people or better traders to wander neither by our daily evolution nor by the markets, to do it always wrapped in a permanent and harmful layer of negativity, lack of faith, self-sabotage, skepticism and complaint and pessimism continuous.
There is a whole gray scale between black and white. Everything can be possible and, at least, before taking for granted something that others or society give as irrefutably true, we will have to take the trouble to check whether it is true or not.
We show them the benefit of the doubt, but, as always, taking action, executing the plan we dream of, acting … or as some classmates and students also know that I say, caring for ourselves much more, and worrying much less.
Specifying and entering fully into our section of investment in the markets, we continually read allegedly irrefutable statements such as “90% of people who trade fail. Everything is a lie. Everything is manipulated. No one can win. Do not try because it is impossible. Everyone loses… ”
I could go on with similar sentences that are sure that everyone who reads this sounds ample, and that even more than one person may have been prevented or removed from trying to trade, speculate and learn or try to invest in financial markets, blocked by that “forbidden: impossible task” signal.
But we are going to try to refute part of that immutable “pseudo truth”, or even, to try to turn around such a sentence by playing with the percentages of the sentence itself, we are going to try to expose or imagine what can happen with the part of the glass that it is not empty … with which it is half full, and with that 10% of people who in theory “only” are chosen to win by investing and trading …
While this article is being written, I just checked that the population in the world is now 7,430,067,350.- people (yes, we are so many …).
Let us suppose (always pulling “low” and so that they do not tell us that we are optimistic), that only 0.10% of that total global population does some financial operation or invests in their day-to-day, whether in the “time frame” and in any temporary space, whether it be people who do it indirectly and are advised (well or badly, that is another one) by their bank, by recommendations from the press or the media, or whoever it is, and they are participants in an investment fund, a savings plan, an ETF, holders of shares, products in variable income of any kind …
Either they are people who decide to invest through managers or third parties, or they do so at their own risk (they also have the knowledge they have, and have worried or not to acquire them, that this is also another chapter ), and thanks to the new and modern platforms of the brokers that exist, they buy (and / or sell) stocks, indices, gold, silver, oil and other raw materials, forex and trading with all kinds of currencies …
Simply people who try to obtain, at a minimum, a return greater than their savings than the nonexistent or almost symbolic interest rate with which financial institutions now reward balances to their clients (just remember how much the rates are as of today ) … people who try to speculate to obtain a lawful benefit (which in case anyone still doubts it, well-understood “speculation” is not a crime, or something bad, Simply people who try to obtain, at a minimum, a return greater than their savings than the non-existent or almost symbolic interest rate with which financial institutions now reward balances to their clients (just remember how much the rates are as of today). .. people trying to speculate for legal gain (that in case someone still doubts it, “speculation” well understood is not a crime or something bad, but its simple definition would be this:
7,430,067,350.- would be the figure of the world population.
We would limit, very low, and assume that only 0.10% of that figure are investors, that is, neither more nor less than 7,430,067. persons.
Let us also accept that only 10% of all these people win and succeed … that is, without refuting the phrase “90% of traders lose”, simply by turning it around, we could also conclude that 743,006 traders win (every day, or whenever, depending on the type of operation or investment they make)…
Isn’t that more than a considerable amount to at least try to try? Is there any “opposition” to apply for a job in which the number of available vacancies is so high, about 3/4 of a million “positions” or places?
Of course, there are also people and there will be people who lose … but why keep only the bad and ignore those 743,006 who win?
It is also certain that more than 0.20% of the population invests, with which our number of “vacancies and places” would be 1,486,013 … or 0.30%, at least, with what our “ballots” and possibilities would already reach the figure of 2,229,018 people … and so on …
And on the basis that you have to understand trading as an activity, a business, a profession, a task, an occupation (whether part-time or full-time) … and that you have to go to the market with the minimum precise knowledge and With head, patience and prudence, if we compare it with the rest of traditional activities, companies or businesses, we could see figures like this, also taken from a United States yearbook last year:
83% of new businesses go bankrupt in the first year, and that is where businesses, businesses, freelancers and even any online business come in
Fewer than 2 out of 10 people are able to maintain (not generate profits) their company for a year
Of the rest of companies or businesses that manage to subsist, many take up to 2 years to see benefits
68% of those who exceed that first year close before 5 years of life
17% of companies exceed the first year of life
32% of new companies that exceed the first year exceed 5 years
About 7.5% of businesses are successful at 5 years view
With the painful inconvenience added in addition to the investment that those people who put their best in making those businesses would have had to make, was greatly greater (both in time, as in dedication and learning, as economically) than the one that anyone who wants to trade their business (or a fixed, recurring or occasional source of income) is willing to dedicate …
There are many figures, many data (respecting all opinions and all differences of criteria, of course), but I hope they serve to reflect and at least try to have a different perspective on the world of trading and failure and success in it and In other businesses.
Of those hypothetical 743,006 people who win … do you think many thousands have done so by luck or because they have invested, as in any other “traditional” business in time, money, training, learning, trial / error … have had a plan, they have had asked for help or advice, have they been patient?
They have not heard those who said it was impossible, but they have not relaxed and, instead, have assumed that as we always say, the road is difficult and long … but possible.
It is up to each one to decide whether we continue to see the glass always half empty or join the 743,006 they have achieved (with their feet on the ground, with figures, effort and learning, and without building “castles in the air”) to achieve least to see his glass half full.
It is up to each one to decide if we continue to see the glass always half empty or if we join the 743,006 they have achieved (with their feet on the ground, with figures, effort and learning, and without building “castles in the air”) to achieve At least see your glass half full.
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