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Why 90% of retail traders fail...
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FX-Parity

Member Since Dec 19, 2012  28 posts FX-Parity Nov 15 2013 at 16:44
Check out the blog - you might like it :)

http://fx-parity.tumblr.com/

FxMasterGuru

Member Since May 04, 2012  1560 posts FxMasterGuru (FxMasterGuru) Nov 15 2013 at 16:57
Actually it is 95%... If you do not have edge, don't even bother to compete with the 5%...

Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
FX-Parity

Member Since Dec 19, 2012  28 posts FX-Parity Nov 15 2013 at 17:41
If you've read the blog already, I think you're missing the point. The number is not only irrelevant, but it's not an indication of the competition. The article explains this. It's more about why this number is as high as it is (irrespective of facts) and what it means to you.

At the end of the day, it is impossible to prove. What's more important is this misconception of this number and why so many view it as a benchmark.

If you understand why so many retail traders are failing, then 'you' can do something about it...

FxMasterGuru

Member Since May 04, 2012  1560 posts FxMasterGuru (FxMasterGuru) Nov 15 2013 at 17:52
Belonging to the 5%, well, I don't care too much about it...

Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
FX-Parity

Member Since Dec 19, 2012  28 posts FX-Parity Nov 15 2013 at 18:28
Lol, ok.

Rubn

Member Since Nov 02, 2009  85 posts Ruben Bernat (Rubn) Nov 15 2013 at 21:03
Nice article, do you think the per cent of losers is less in other markets rather than forex?

Preservation of capital and home runs.
FX-Parity

Member Since Dec 19, 2012  28 posts FX-Parity Nov 16 2013 at 00:02
No. It is EXACTLY the same. The market is irrelevant.

Glad you liked it none the less. Hopefully it can help 'you' (generally speaking), realise what elements of trading are important.

Have a good weekend all! :)


ahuruglica

Member Since Jun 28, 2013  852 posts ArdiFX (ahuruglica) Nov 17 2013 at 07:24
@FxMasterGuru

I would like to see a real account that proves your claim that you belong to the 5%.

I belong to the crowd (95%) eek

FX-Parity

Member Since Dec 19, 2012  28 posts FX-Parity Nov 17 2013 at 10:44
Let's not get silly now. I think it's important to try and remember that trading is not about being competitive with everyone all the time...

If he says or think's he's apart of the 5%, then good for him? Just focus on what your goals are :).

adrian8891

Member Since Jun 03, 2010  696 posts Adrian Matusiak (adrian8891) Nov 18 2013 at 10:55
ahuruglica posted:
@FxMasterGuru

I would like to see a real account that proves your claim that you belong to the 5%.

I belong to the crowd (95%) eek


Maybe lets analyze why he doesn't publish his robots even here? Maybe he thought that 5% is losing :D

PAMM MANAGER // Professional Fund Manager
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