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% of accounts in profit

  • 16-12-2018 5:34pm
    #1
    Registered Users Posts: 1,342 ✭✭✭


    Unsure if I'm remembering this correctly but I thought I heard a few years ago that only 8-10% of accounts have a positive pnl. Any confirm if that's the case?


Comments

  • Registered Users Posts: 23,773 ✭✭✭✭mailburner


    cmac2009 wrote: »
    Unsure if I'm remembering this correctly but I thought I heard a few years ago that only 8-10% of accounts have a positive pnl. Any confirm if that's the case?


    That seems quite high to me but I'd love to know if this is true.
    I'd be thinking more like 2/3%


  • Registered Users Posts: 1,342 ✭✭✭cmac2009


    mailburner wrote: »
    That seems quite high to me but I'd love to know if this is true.
    I'd be thinking more like 2/3%

    Hard to find any information backing this up, for obvious reasons, but distinctly remember hearing it on the radio during some debate on the effects of gambling. Lifetime pnl is what I'm referring to btw.


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