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I hear that 95% figure all the time but I wonder if that applies to traders that have been trading as a full-time job for 5 years?
by fouc 5y ago
I hear that 95% figure all the time but I wonder if that applies to traders that have been trading as a full-time job for 5 years?
- arcticbull 5y agoWell, 92% of actively managed funds underperform the S&P 500 on a 15 year trailing basis [1] so I'm going to say probably a lot. [1] https://www.cnbc.com/2019/03/15/active-fund-managers-trail-the-sp-500-for-the-ninth-year-in-a-row-in-triumph-for-indexing.html https://www.cnbc.com/2019/03/15/active-fund-managers-trail-t...