90% are loser ..why ?

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.

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.

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.

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.

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.

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.

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.

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.

Because they are trying to trade on their own, rather than using the services of a professional manager.

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?

99% losing. they all gamble

Reading the forums, I realized that being a trader is very difficult.

there is no organization which provide this statistic , its just a number , nothing without it.