Clover Trading

// THE CLOVER BLOG

Trade Smarter. — Clover Trading Blog

Education, strategy breakdowns, and resources from a community of seven-figure day traders.

10 Investment Education Resources That Can Transform You into a Savvy Trader
// FEATURED · Resources5 min read

10 Investment Education Resources That Can Transform You into a Savvy Trader

Entering the world of trading and investments can feel like navigating a labyrinth. With the right guidance, however, even the most complex financial concepts can become accessible and engaging. This blog aims to introdu…

Read article
15 Active Trading Terms: A Glossary for Beginners
// Glossary8 min read

15 Active Trading Terms: A Glossary for Beginners

Navigating the world of active trading can feel overwhelming, especially when you're just getting started. There are countless terms and concepts to grasp, and it can be tough to know where to begin. That's why we've put…

Read article
15 Best Resources for Achieving Trade Mastery in the Stock Market
// Resources11 min read

15 Best Resources for Achieving Trade Mastery in the Stock Market

Achieving trade mastery in the stock market can seem like a daunting task, but with the right resources, it becomes much more manageable. In this blog, we will explore some of the best tools, platforms, books, and course…

Read article
7 Must-Have Tools for Every Aspiring Trading Professional in 2023
// Tools5 min read

7 Must-Have Tools for Every Aspiring Trading Professional in 2023

If you're an aspiring trading professional in 2023, having the right tools at your disposal is crucial. The world of trading can be complex, but with the right resources, you can navigate it more effectively and increase…

Read article
Can Market Alerts Help Me Avoid Common Trading Mistakes?
// Strategy7 min read

Can Market Alerts Help Me Avoid Common Trading Mistakes?

Trading in the financial markets can be both exciting and challenging. Many traders, especially beginners, often make common mistakes that can cost them dearly. But what if there was a way to minimize these errors? In th…

Read article
From Novice to Expert: Elevating Your Trading Game with Options Alerts in America's Financial Hotspots
// Options8 min read

From Novice to Expert: Elevating Your Trading Game with Options Alerts in America's Financial Hotspots

Diving into the world of trading can be as thrilling as it is intimidating. But what if you could transform from a beginner to a savvy trader with a secret weapon: options alerts? This guide is tailored to demystify opti…

Read article
From Novice to Expert: How a Finance Seminar Can Transform Your Trading Approach
// Education6 min read

From Novice to Expert: How a Finance Seminar Can Transform Your Trading Approach

Attending a finance seminar can be a game-changer for anyone looking to elevate their trading skills. Whether you're just starting out or seeking to refine your strategies, the right seminar can provide invaluable insigh…

Read article
How to Refine Your Trade Strategies for Maximum Gains in Volatile Markets
// Strategy8 min read

How to Refine Your Trade Strategies for Maximum Gains in Volatile Markets

Navigating volatile markets can be daunting, but with the right strategies, traders can achieve significant gains. In this blog, we will explore how to refine your trade strategies to maximize profits even in the most un…

Read article
Unlocking Your Potential: Why Trading Lessons are Your Gateway to Financial Freedom
// Mindset6 min read

Unlocking Your Potential: Why Trading Lessons are Your Gateway to Financial Freedom

In today's fast-paced world, the dream of financial freedom often seems elusive. However, with the right knowledge and tools, this dream can become a reality. Trading lessons are one such tool that can unlock your potent…

Read article
Why a Trading Bootcamp in California, Texas, or Florida Could Transform Your Trading Career
// Education6 min read

Why a Trading Bootcamp in California, Texas, or Florida Could Transform Your Trading Career

Thinking about boosting your trading skills but not sure where to start? A trading bootcamp in California, Texas, or Florida could be the game-changer you've been looking for. Let's dive into why these locations are idea…

Read article

// NEWSLETTER

Get The Weekly Recap.

One email every Sunday. Best setups, biggest lessons, no fluff.

// WHERE TO NEXT

Keep Going

Start Free

Black Clover Academy — our full free course. No card, no catch.

Get the free course
Compare Memberships

3 Leaf, 4 Leaf and Black Clover side by side, with what's included.

See memberships
Talk To Us

Questions about a plan, your account, or access? We answer fast.

Contact support

// Risk & Results Disclosure

If you do not agree with any term or provision of our Terms and Conditions, you should not use our Site, Services, Content, or Information. Please be advised that your continued use of the Site, Services, Content, or Information provided shall indicate your consent and agreement to our Terms and Conditions. Black Clover Trading LLC may publish testimonials or descriptions of past performance, but these results are NOT typical, are not indicative of future results or performance, and are not intended to be a representation, warranty, or guarantee that similar results will be obtained by you. The experience of Black Clover Trading LLC with trading is not typical, nor is the experience of traders featured in testimonials. They are experienced traders. Becoming an experienced trader takes hard work, dedication, and a significant amount of time. Your results may differ materially from those expressed or utilized by Black Clover Trading LLC due to a number of factors. We do not track the typical results of our past or current customers. As a provider of educational courses, we do not have access to the personal trading accounts or brokerage statements of our customers. As a result, we have no reason to believe our customers perform better or worse than traders as a whole.

Available research data suggests that most day traders are NOT profitable. In a research paper published in 2014 titled “Do Day Traders Rationally Learn About Their Ability?”, professors from the University of California studied 3.7 billion trades from the Taiwan Stock Exchange between 1992-2006 and found that only 9.81% of day trading volume was generated by predictably profitable traders and that these predictably profitable traders constitute less than 3% of all day traders on an average day. In a 2005 article published in the Journal of Applied Finance titled “The Profitability of Active Stock Traders”, professors at the University of Oxford and the University College Dublin found that out of 1,146 brokerage accounts day trading the U.S. markets between March 8, 2000 and June 13, 2000, only 50% were profitable with an average net profit of $16,619. In a 2003 article published in the Financial Analysts Journal titled “The Profitability of Day Traders”, professors at the University of Texas found that out of 334 brokerage accounts day trading the U.S. markets between February 1998 and October 1999, only 35% were profitable and only 14% generated profits in excess of $10,000. The range of results in these three studies exemplify the challenge of determining a definitive success rate for day traders. At a minimum, these studies indicate that at least 50% of aspiring day traders will not be profitable. This reiterates that consistently making money trading stocks is not easy.

Day Trading is a high-risk activity and can result in the loss of your entire investment. Any trade or investment is at your own risk. Any and all information discussed is for educational and informational purposes only and should not be considered tax, legal, or investment advice. A referral to a stock or commodity is not an indication to buy or sell that stock or commodity. This does not represent our full Disclaimer. Please read our complete disclaimer.

Citations: Barber, Brad & Lee, Yong-Ill & Liu, Yu-Jane & Odean, Terrance. (2014). Do Day Traders Rationally Learn About Their Ability?. SSRN Electronic Journal — link. · Garvey, Ryan and Murphy, Anthony, The Profitability of Active Stock Traders. Journal of Applied Finance, Vol. 15, No. 2, Fall/Winter 2005 — link. · Douglas J. Jordan & J. David Diltz (2003) The Profitability of Day Traders, Financial Analysts Journal, 59:6, 85-94 — link.