90% are loser ..why ?

Yes I agree, but i wouldn't call them losers. Just newbie atleast...most of the new traders started with low knowledge or no proper education when it comes to trading so it is certain that they will make the losses…but when they learn, then they will get better in time like most of the pro traders out there.

because it is human nature, mostly born to be loser.

The market moves against the direction of where the dumb money is placed (the retail guys). And retail guys can't let losses go. Instead, they average down in most instances. Only making it easier for the market maker to liquidate the account.

feelsofine posted:
Yes I agree, but i wouldn't call them losers. Just newbie atleast...most of the new traders started with low knowledge or no proper education when it comes to trading so it is certain that they will make the losses…but when they learn, then they will get better in time like most of the pro traders out there.

True. We can’t call them losers. Newbies are in their learning phase. Gaining success in fx trading takes time. For some it may take years to become experienced. So one has to be extremely patient and positive.

edwardddking posted:
Poor education. 99.9% that is free is . Poor mentors. You can't do well when you don't know what you're looking for. They're not persistent : most of them don't even trade for 3 months because they lose the entire stack ->>> They take BIG risk ! They don't have risk management, a beginner SHOULD NOT risk more than 0.5% per trade! They look at it as a get rich over night thing, this is what social media made out of it, they're impatient. You have to submit the time. A few years. Slow and steady wins the race, they go for the home-runs.

You spoke the fact

feelsofine posted:
Yes I agree, but i wouldn't call them losers. Just newbie atleast...most of the new traders started with low knowledge or no proper education when it comes to trading so it is certain that they will make the losses…but when they learn, then they will get better in time like most of the pro traders out there.

yeah agree with you. everyone started from a beginner.

They think it's all big game and nothing more than that and that is really the failed thinking for many of them I would say, totally wrong on so many levels that I forgot to tell you about it, treat it as a business and rate will be much lower.

ProfitableRisks posted:

edwardddking posted:
Poor education. 99.9% that is free is . Poor mentors. You can't do well when you don't know what you're looking for. They're not persistent : most of them don't even trade for 3 months because they lose the entire stack ->>> They take BIG risk ! They don't have risk management, a beginner SHOULD NOT risk more than 0.5% per trade! They look at it as a get rich over night thing, this is what social media made out of it, they're impatient. You have to submit the time. A few years. Slow and steady wins the race, they go for the home-runs.

You spoke the fact

Totaly agree. Its not a sprint, its a marathon

If you are a new trader, please don’t be scared because of this statistic! Just concentrate on your learning process!

Adribaasmet posted:
If you are a new trader, please don’t be scared because of this statistic! Just concentrate on your learning process!

Yes, i am also a new trader. I want to learn about real forex trading. Which trading is best for new traders?
Binary option trading or normal trading? I just research and known that there are three analysis has in trading.
Technical analysis, fundamental analysis, sentimantal analysis. So which is most important for newbie?

Please help us?

Thank you..

mdsh7864 posted:

Adribaasmet posted:
If you are a new trader, please don’t be scared because of this statistic! Just concentrate on your learning process!

Yes, i am also a new trader. I want to learn about real forex trading. Which trading is best for new traders?
Binary option trading or normal trading? I just research and known that there are three analysis has in trading.
Technical analysis, fundamental analysis, sentimantal analysis. So which is most important for newbie?

Please help us?

Thank you..

If you're serious about trading take the first 3 months where you focus on accumulating hours of experience and not on your P/L. DO NOT use leverage! And do not waste your time with a Demo. Trade live with an amount of $ that you're ok with losing. After three months only your results will tell you whether trading is for you and whether you can increase the risk with leverage or not.

Villain Trader

These, of course, are approximate figures of how many people are being eliminated, but what many do not withstand is for sure.

I think most of the traders lose their money because of low knowledge about the trading. Some trader lose because of their wrong strategy. And some traders face lose in the market because of selecting wrong broker.

GeorgeBischof posted:
I think most of the traders lose their money because of low knowledge about the trading. Some trader lose because of their wrong strategy. And some traders face lose in the market because of selecting wrong broker.

True but this all comes down to a lack of preparation and effort in learning how to trade properly. Laziness is the real reason traders fail

Most of the people are greedy. They come to trading and earn a lot of money in a few days so that they lose from the Forex market in maximum time. I talk to some of these traders but their attitude makes them look like they are trying to get rich overnight. And because of this, they lose. Sometimes there are deficits, but you can never be considered a successful trader. Those who want to be rich overnight are among the 90%.

LeviSievwright5 posted:
Most of the people are greedy. They come to trading and earn a lot of money in a few days so that they lose from the Forex market in maximum time. I talk to some of these traders but their attitude makes them look like they are trying to get rich overnight. And because of this, they lose. Sometimes there are deficits, but you can never be considered a successful trader. Those who want to be rich overnight are among the 90%.

Yeap. They came in with high expectation and left with disappointment on their face.

Because 90% think, forex is a get rich quick scheme.

Well, such several unsuccessful beginners can be explained by a non-serious attitude to trading. They saw an advertisement where they are told how easy it is to trade, and they start trading with the idea that it is easy and does not require any effort. Then they realize that it is difficult, and they are not able to deal efficiently, and they quit trading.

Most of the traders lose their money because of their low knowledge and wrong strategy. If you can make a good strategy, you can become rich.