One of the main reasons that most people are unprofitable is that they fall into the trap that futures trading should be easy. This is due mainly to many of the vendors and salesmen out there promoting the latest get rich quick scheme. Typically, these products involve day trading, because day trading is perceived to be less risky. The reason it is perceived to be less risky is because a trader does not hold a position over night, and therefore is not exposed to any news events that may adversely affect the markets. However, industry studies suggest that over 90% of these day traders are unprofitable.
