Harsh facts you need to know

Failure rate Studies show that more than 90% of day traders lose their money within months of trading

Capital The profit from $100 is completely different from the profit from $10,000. If you start with a small amount, you won’t feel the profit, and if you enter with a large amount, your loss will be painful.

Impact of commissions: In spot trading, platforms deduct fees on every buy and sell transaction. If your profits are very small, they often go to commissions.