got winners must hv losers.
(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.....
yup, Be it market down or high
Always will have some winners end of the day.
(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.
(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....