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Why 90% of retail traders fail...

FX-Parity
Nov 15 2013 at 16:44
28 posts
FxMasterGuru (FxMasterGuru)
Nov 15 2013 at 16:57
1607 posts
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
Nov 15 2013 at 17:41
28 posts
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 (FxMasterGuru)
Nov 15 2013 at 17:52
1607 posts
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
Nov 15 2013 at 18:28
28 posts
Ruben Bernat (Rubn)
Nov 15 2013 at 21:03
85 posts
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
Nov 16 2013 at 00:02
28 posts
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! :)


ArdiFX (ahuruglica)
Nov 17 2013 at 07:24
852 posts
@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%) 😲

FX-Parity
Nov 17 2013 at 10:44
28 posts
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 :).

Adrian Matusiak (adrian8891)
Nov 18 2013 at 10:55
696 posts
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%) 😲


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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