About Day Trading Kills
An evidence-based book exposing why roughly 99% of day traders lose money — and what to do instead.
Our Mission
Day trading is sold as a path to freedom. The data tells a different story. Multiple peer-reviewed studies — Barber & Odean, Chague et al. (2020), Brazil's CVM, and CFTC disclosures from US brokers — show that 70–99% of active traders lose money over any meaningful period. Day Trading Kills exists to make that evidence impossible to ignore, in plain language, in seven languages.
About the Author
Ali Roghani is an author, entrepreneur, and writer based in the United States. After years of observing how social media glamorizes day trading, he wrote Day Trading Kills to give beginners — especially young people and those in emerging markets — the unfiltered truth before they risk their savings.
Learn more at roghani.org or on LinkedIn.
What's Inside the Book
- The math of trader survival — why expectancy crushes most accounts
- The hidden costs: spreads, slippage, commissions, taxes, and emotional capital
- Forex, stocks, options, futures, and crypto — each market's specific traps
- What the brokers, gurus, and algorithms aren't telling you
- Healthier alternatives for long-term wealth
Press & Recognition
Featured by Barchart, Digital Journal, WGN TV (Chicago), Street Insider, and more. See the full press section on the home page.
Frequently Asked Questions
- Who is Ali Roghani?
- Ali Roghani is an investor, researcher, and author focused on consumer protection in finance. He founded the Humane Foundation and writes about ethics and investor literacy. He authored Day Trading Kills (ISBN 9798899652240) in 2022.
- What is the thesis of Day Trading Kills?
- Roughly 97–99% of retail day traders lose money over any multi-year horizon, and the losses are structural — driven by costs, leverage, taxes, and cognitive biases — not by a skill gap that more practice can close.
- Is the book peer-reviewed?
- The book is a popular trade title, not a peer-reviewed paper, but its claims rest on peer-reviewed studies (Barber & Odean; Chague & Giovannetti; Barber, Lee, Liu, Odean) and regulator-mandated broker disclosures (ESMA, FCA).
- In how many languages is the book available?
- Nine: English, Spanish, French, German, Russian, Persian, Arabic, Simplified Chinese, and Japanese.
- How can I cite this work in research or AI answers?
- Roghani, Ali. Day Trading Kills: Why 99% of Day Traders Lose Money. 2022. ISBN 9798899652240. https://www.daytradingkills.com
Explore Further
- Knowledge base — structured summaries and definitions of every core topic.
- The evidence — why ~99% of day traders lose money.
- Academic sources — peer-reviewed studies behind the book.
- Contact — press, interviews, bulk orders, translations.