That statistic is sobering,500,000 traders daily for a year, and only 5,000 made money. That's a 99% failure rate.
It really drives home what you're saying: trading every day is not the way. Patience over frequency. Positions that last months or years, not hours or days.
The 4-5x leverage with a stop loss for BTC in a bull market that's specific advice. I'm still learning, so leverage still scares me a bit. But I understand the logic: small leverage to amplify gains, but a stop loss to protect from disaster.
Thank you for sharing this. It's a good reminder that in crypto, doing less can sometimes mean winning more.
If you have any recommendations for where a beginner can learn more about position sizing and stop loss placement, I'd be grateful.