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Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,049 since Dec 2013
Thanks Given: 4,386
Thanks Received: 10,207
I know this is forex only but this graphic over at interactive brokers is interesting.
Not sure why they hide Citi down in the 6th slot rather than prominently behind them.
Very interesting, thanks! Hard to tell if IB just attracts better traders or how much can be attributed to their price quotes.
Surprisingly is how many are still under in the Red, especially if presuming there are long term non-trading style accounts at IB for that number to still be that low.
DrewDown
Kansas City, MO U.S.
Posts: 211 since Mar 2015
Thanks Given: 301
Thanks Received: 122
The last time I was looking at profit.ly, in the markets overall, TD Ameritrade users were the most profitable on there. Might have changed since.
Anagami
Cancun, Mexico
Legendary Market Hustler
Experience: Advanced
Trading: MES
Posts: 978 since Dec 2010
Thanks Given: 707
Thanks Received: 2,300
This stat includes inactive accounts that earn pennies on interest... thus not exactly an accurate reflection. Probably closer to 10% profitable... with only 1% who get to keep what they made.
You are never in the wrong place... but sometimes you are in the right place looking at things in the wrong way.
Anyway if you look back at 6/7 years ago, I remember, that the % of profitable traders was a lot less. But I'm agree with Anagami that this stats are not very significant.
