This is a very tough question to answer as there are no specific statistics to defend. Rolf Schlotmann, a trader and an entrepreneur, has made a research and the outcomes of the research goes as under. 80% of all day traders quit within the first two years. Among all traders, nearly 40% day trade for only one moth. Within three years, only 13% continue to day trade. After five years, only 7% remain. Traders sell winners at a 50% higher rate than losers.
Interactive Brokers LLC (IB) is a U.S.-based electronic brokerage firm. It is the largest U.S. electronic brokerage firm by number of daily average revenue trades, and is the leading ib broker. The company brokers stocks, options, futures, EFPs, futures options, forex, bonds, funds and CFDs. Interactive Brokers also services commodity trading advisors (CTAs), making it the fifth-largest prime broker servicing CTAs.
Interactive Brokers is the largest electronic brokerage firm in the US by number of daily average revenue trades,and is the leading ib broker.Interactive Brokers also targets commodity trading advisors, making it the fifth-largest prime broker servicing them.IB is regulated by the Securities and Exchange Commission, the Financial Industry Regulatory Authority.
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