I think for the most part yes but some traders do make money consistently. I working in the trading floor for 15years but they have huge advantages. much lower margin far tighter bid ask spreads, Direct market access First in, Wealth of research, news feeds, quants, economist supporting them, working in teams of experienced and specialist traders, Squawk box would sound any market information. The odds are pretty well stacked against you as a home trader.
Whether home traders actually make money or not I am not convinced. The pass off BS like not going to give away their secret as if they found the answer to alchemy. I'd say anyone who genuinely makes money has nothing to hide as they got there through years of hard and intelligent work. The beginner is not going to pick that up no matter what.
Like a pianist saying, I'm a maestro but I won't play in front of you . Do IG ever publish anonymous stats of their best clients?