Traders in Brazil - 97% of those that trade direct in markets lost all the money they had put up

A recent study of retail investors in Brazil between 2013 and 2015 found that 97 per cent of those that traded for at least 300 days lost all the money they had put up. Only 1.1 per cent made more than the Brazilian minimum wage, and only 0.5 per cent earned more than an entry-level bank clerk.