To use chat, please login.
Back to contacts

90% are loser ..why ?

Sep 01, 2017 at 09:50
11,875 Views
313 Replies
Eric (Goldbarrel)
Member Since Aug 19, 2022   44 posts
Aug 25, 2022 at 21:00
Knowing how to trade is a skill that takes years to master.
The person who wants to have all the money in the world is bound to lose it all.
Make money with people who know how to make money.
PhoneticNachos (DavidWilks)
Member Since Jun 06, 2022   14 posts
Aug 27, 2022 at 14:20
Forex trading is hard for 95%+ to be profitable long term. If you can't trade, just stop and buy dividend stocks, real estate etc.

After 8+ years of being a profitable trader, every single trader I have 'known' has failed and stopped except me.

I have no secret, no magic setup.

 Just the right combination of talent, intelligence, risk appetite, bankroll management, 'balls', insight, and dedication to succeed.


I have flipped countless accounts from $500 and grown to $2k+, made $20k in a little over a month, had over 70 trades in a row go my way, consistently have win rates over 70%.

Now I trade with around $5-10k a month, and usually make at least $500 a week. Each week/month I make more than I expect, I pull out and reset the growth, to protect the profits.
Protect against loses and the profits take care of themselves.
Member Since Mar 28, 2021   617 posts
Sep 17, 2022 at 08:08
Pass more and more time not in trading but in market analysis. It will help you learn the market and grab more and more profit.
Member Since Sep 02, 2022   75 posts
Sep 20, 2022 at 07:18
Hurrying for profit will make you embarrassed soon. So, don’t look at it rather focus on trading more and more on demo account to understand the market environment.
Member Since Jan 11, 2022   45 posts
Nov 04, 2022 at 06:05
I think it’s absolutely fine for a trader to lose money in the forex market because the market is unpredictable and you cannot be sure about its direction to place your trades. So, normalise losing because that’s how you will be able to make money.
Member Since Oct 12, 2016   834 posts
Nov 04, 2022 at 06:36
90% loose that's why 10% gain in forex. The logic is simple and everyone can't make profit since forex market is a zero sum game.

You can't make money from nothing. Someone has to loose on one side for someone else to gain.
Artificial General Intelligence
Member Since Mar 28, 2021   617 posts
Nov 06, 2022 at 09:27
Forex education should be made compulsory for traders. Otherwise, traders will fall into eternal losses. There are different forms of education available now and achieving it has become quite easier.
Member Since Jan 19, 2023   21 posts
Jan 19 at 14:05
90% probably because new traders are eager to start earning money, its exciting, so they jump into it without proper education, not learning about strategies, market conditions, news, not practising on demo and not starting small.
Ester (Cothurnal)
Member Since Jul 28, 2022   23 posts
Jan 27 at 17:28
Because they are trying to trade on their own, rather than using the services of a professional manager.
Prince Sajir (princesajir)
Member Since Jan 25, 2022   151 posts
Feb 07 at 08:34
Cothurnal posted:
Because they are trying to trade on their own, rather than using the services of a professional manager.
I think you're joking. Shouldn't you be on your own when making a deal? Why should you hand your money over to someone else to take care of?
Scalp Signal (stormscalp2023)
Member Since Jan 31, 2023   15 posts
Feb 13 at 13:00
99% losing. they all gamble
dom perignon
Member Since Feb 02, 2023   10 posts
Apr 07 at 06:09
Reading the forums, I realized that being a trader is very difficult.
Member Since Jun 26, 2020   327 posts
Apr 13 at 09:38
there is no organization which provide this statistic , its just a number , nothing without it.
Member Since Aug 17, 2022   80 posts
Apr 14 at 07:15
davesper posted:
Many do not pay enough attention to learning and gaining experience. The result is not long in coming, and becomes noticeable pretty quickly.
Rightly said, one should focus more on gaining knowledge and experience
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.