Financial Institutions/large banks are major players who have access to excellent infrastructure, knowledge, real-time information and data to be successful in trading.
Most retail traders get lured into Forex trading with unrealistic expectations only to end up losing it all.
Until recently, it was widely believed that only 5% of traders make money by trading Forex. After ESMA regulated brokers started providing statistics about the percentage of traders who lose money, it became clear that about 22% of retail traders are profitable.
We can safely say that the percentage of winning traders has been increasing over the past few years which can be attributed to their increase in knowledge about Forex, understanding the importance of trading discipline and acknowledging the fact that there is no “holy grail” to make money.
: Get Smart, Get Profitable