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90% are loser ..why ?

Professional4X
Jan 05 2019 at 17:53
1189 postów
Ansel posted:
I find that difficult to believe. Money management will not help you if your strategy is to open a Buy trade when the wind blows east and Sell trade when the wind blows west. Strategy is critical anyone who says otherwise doesn't understand Forex


I agree.
 
Proper money management is vital to the protection of ones investment capital, but a trader has to use a solid investment strategy.

Money management should be considered just as vital to the long term success of investors as fundamental analysis and technical analysis.

If it looks too good to be true, it's probably a scam! Let the buyer beware.
flyman (jacoboh)
Jan 06 2019 at 08:39
6 postów
Ansel posted:
I find that difficult to believe. Money management will not help you if your strategy is to open a Buy trade when the wind blows east and Sell trade when the wind blows west. Strategy is critical anyone who says otherwise doesn't understand Forex


I say it doesnt matter what strategy u use, be it fundamentals or TA. Reason why I emphasize that money management, risk management and trading psychology is because a simple strategy with a WR or 51% and RRR of 1:1, you're already profitable in the long run. But I often see many that has a trading strategy in place, full of confidence starting it out, ultimately busting their account. And the reason for it seems like its always not sticking to their plan, impatience, overleveraging etc etc. But like I said, there is more than one way to skin a cat, and everyone has their own trading style. I'm in this game for the long run and not aiming for overnight success. Good money management and trading psychology is what gives me an edge in the market over the long run. If i want fast returns, I'd rather go to the casino and do it in 1 hand.

But of course, you can't be using a losing strategy also, thats just being stupid.

GreatGame
Jan 06 2019 at 08:51
10 postów
Maybe so but money management is still important (or so everyone says). There are many parts to being the 10% that are successful trader. MM and strategy are some of them

ALedMersis
Jan 06 2019 at 09:40
1 postów
I dont know why its happend with people, but i know why it was with me. I worked with Avatrade, I was bent over there for a fairly large amount, without going into details I paid for them for 2 years. Then skantaya on different brokers and at the end wandered into the info website (https://trade-reviews.top ) and learned about Capital Hall broker , for a month now everything is fine. Let's see what will happen next.

CheCheChe
Jan 07 2019 at 13:09
12 postów
Don't blame the broker. All broker will take your money if you a trading badly. Broker provide same price data and if you guess price direction wrong then you will lose. This is what happen to 90% of trader

flyman (jacoboh)
Jan 08 2019 at 07:30
6 postów
CheCheChe posted:
Don't blame the broker. All broker will take your money if you a trading badly. Broker provide same price data and if you guess price direction wrong then you will lose. This is what happen to 90% of trader


Most education out there for free are provided by brokers or their IB. Google ' how to trade forex ' and you'll see top searches etc are by brokers themselves. The 'education' is strategically structured in a way where it makes traders trader more often, more frequently. It's also structured for them to either break even or lose. If you understand how brokers earn money and hedge their risk, then you'll understand why profitable traders are irritating and troublesome for brokers.

Firstly brokers are 100% incentivized by volume and frequency being traded by their clients. Thats how they earn their spread / commission.

Secondly, like the title of this topic says, if 90% of retail traders lose money, and brokers have this numbers, so what do they do essentially? They take the opposite way their losing client trade.

So essentially, brokers will take the opposite side of the trade of the losing client, and run the position naked. On the other hand, brokers will also take the opposite side of the trade of a winning client, but has to run the position with hedge. At the end, losing client= commission + spread + finance turn + OTC gain. Winning client = commission + spread + finance turn

Thats how brokers earn money and thats why theres a huge conflict of interest. But you'll still have to choose one, so choose the one that is reputable and verified by the authorities. Find one that is big.. like really big, so in the case of another CHF incident, your broker won't go bankrupt.. hopefully.

Imamul
Jan 15 2019 at 11:21
624 postów
Loss is an inevitable part of trading there is nobody who can avoid it completely; mostly loss occurs due to lack of exact money management plan as well non-skill trading knowledge. So, for avoiding loss we have to focus on there.

Tcollinwood
Jan 15 2019 at 11:55
11 postów
that is very true. Everyone has losses even the best pro trader have losses. Often losing months and years! Those trading equities last year had plenty of losses. Beginner focus too much on short term results and need to look more at the results over a year

johngerwin
Jan 23 2019 at 11:39
16 postów
90% lose because they follow signals or other people......learn to trade yourself!

vontogr (togr)
Jan 23 2019 at 11:40
4862 postów
jacoboh posted:
CheCheChe posted:
Don't blame the broker. All broker will take your money if you a trading badly. Broker provide same price data and if you guess price direction wrong then you will lose. This is what happen to 90% of trader


Most education out there for free are provided by brokers or their IB. Google ' how to trade forex ' and you'll see top searches etc are by brokers themselves. The 'education' is strategically structured in a way where it makes traders trader more often, more frequently. It's also structured for them to either break even or lose. If you understand how brokers earn money and hedge their risk, then you'll understand why profitable traders are irritating and troublesome for brokers.

Firstly brokers are 100% incentivized by volume and frequency being traded by their clients. Thats how they earn their spread / commission.

Secondly, like the title of this topic says, if 90% of retail traders lose money, and brokers have this numbers, so what do they do essentially? They take the opposite way their losing client trade.

So essentially, brokers will take the opposite side of the trade of the losing client, and run the position naked. On the other hand, brokers will also take the opposite side of the trade of a winning client, but has to run the position with hedge. At the end, losing client= commission + spread + finance turn + OTC gain. Winning client = commission + spread + finance turn

Thats how brokers earn money and thats why theres a huge conflict of interest. But you'll still have to choose one, so choose the one that is reputable and verified by the authorities. Find one that is big.. like really big, so in the case of another CHF incident, your broker won't go bankrupt.. hopefully.


That might apply to market makers
But true ECN broker profit as you profit and your trades gets bigger.

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