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Why did you start trading?
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Is beginner’s luck in trading stocks a real thing?

No it isn’t. What you are seeing is an example of Survivorship bias or survival bias, the logical error of concentrating on the people or things that made it past some selection process and overlooking those that did not, typically because of their lack of visibility. This can lead to false conclusions in several different ways. It is a form of selection bias.

In other words, 100 beginners start trading stocks. Ninety of them make nothing or have modest gains or losses. Nine of them will overtrade, overleverage, and/or fail to use a prudent position size (See Kelly Criterion.) and lose everything. One of the hundred will make a lot of money through sheer luck. The one who made a lot of money through sheer luck thinks “Hey, this isn’t so hard. I must be a genius.” Then he will post about it on Reddit and everybody will think “Hey, I can do that too.”

Trading is not easy. If it was, then everyone would be a millionaire, wouldn’t they.
Is beginner’s luck in trading stocks a real thing?
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