Posts: 8,349
   
Threads: 652
    
Likes Received: 1,708 in 1,529 posts
Likes Given: 93
Posts: 8,063
   
Threads: 17
    
Likes Received: 1,565 in 1,317 posts
Likes Given: 525
got winners must hv losers.
Posts: 20,043
   
Threads: 546
    
Likes Received: 4,640 in 4,134 posts
Likes Given: 479
(17-12-2021, 02:19 PM)dynamite Wrote: Is that true? Maybe 80%.
(17-12-2021, 02:26 PM)WhatDoYouThink? Wrote: got winners must hv losers.
It had always be said that only 5% are winners in the stock market, the other 95% are losers, similarly with those who gambled in casinos.....
Posts: 28,731
   
Threads: 9,267
    
Likes Received: 5,657 in 5,111 posts
Likes Given: 10
yup, Be it market down or high
Always will have some winners end of the day.
Posts: 687
   
Threads: 1
    
Likes Received: 296 in 214 posts
Likes Given: 12
(17-12-2021, 02:19 PM)dynamite Wrote: Is that true? Maybe 80%.
I believe based on CPF published statistics of those who use CPFIS to play stocks, the proportion is 75% lose money 20% make less than 4% p.a. and the remaining 5% make above 4% p.a.. Quite a sad state of affairs.
Posts: 20,043
   
Threads: 546
    
Likes Received: 4,640 in 4,134 posts
Likes Given: 479
(17-12-2021, 03:23 PM)maxsanic Wrote: I believe based on CPF published statistics of those who use CPFIS to play stocks, the proportion is 75% lose money 20% make less than 4% p.a. and the remaining 5% make above 4% p.a.. Quite a sad state of affairs.
Buy shares/stocks is a form of gambling, therefore the rule of 5% winning and 95% losing still rings true....