Why Day trading is Tough and only 2-3% are successful

[TraderRavi]

Is this your original post or did you quote some book/website etc ?

Jo bhi hai, bahut acha post hai. :clapping:

only first two lines are mine ,
rest are from the blog "dont do daytrading " :rofl:

 

[vivid]

newbies loss most of the time because they trade in lower time frame like 5 minute,thinking that
they can make more money in less time period but end up in loss.The lower time frame
have a lot of noise and a beginner cannot think fast that what is happening and also
they are trading with emotion of fear of loss of their small capital.They are also addicted to trade in counter trend that will erode their fund very fast