eToro wouldn't be used by any remotely professional day trader. Most of those accounts are most likely idle and judging by eToro's target audience - highly ama

eToro wouldn't be used by any remotely professional day trader. Most of those accounts are most likely idle and judging by eToro's target audience - highly amateur. Whilst majority of course loose money, so do majority of businesses in any industry, from startups to restaurants to hedge funds. The nature of human economics is such that there's more money chasing opportunities than the value of those opportunities. Suggested reading: "Economics in One Lesson"