90% failing rate , its true ?

It's depends on the time and quality of your education.
BTW, when I started I heard this. 10% number and I hope it's true and no less...
If you have 10% chance to print money and all you have to to is build a mechanism in your own time basically free of charge, take your time..
This is a very fair deal to me. People spend 300k to be able to get 9-5 job..
80% of those qualified to college can be traders.
The problem with trasing is there is no 1 system feat all. A good mentor should also understands the mental needs of his students.
 
Tradex said:
Who told you that??

Put a simple VWAP and an up/down volume indicators on a gold, oil or emini S&P 500 chart and you will see these whales (and algos) in action, every single day.

The trick is to jump when they jump...
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Simple as that.
Good luck man!
Health!
 
Bugsy said:
To those who see trading as their game of chess, and who love it for the skill of taming the wild beast, they will not give up due to loss of money or having failed over and over. They will do whatever it takes to be successful at the skill itself, even if it means they might never be good at it at all. For me it was a journey of busted bankrolls again and again, failing time and again. Then it became breaking even. Two steps forward. Three steps back. Finally I began profiting. I am thankful for those who passed gems on these forums along the way. It does require extensive studying, researching, and analysis to get there, but above all else it requires the will to be successful at achieving the skill itself. The benefits are nice obv, but they are not enough to make someone successful (though this is just my opinion).
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Ladies and gentleman's this word are pure gold.
Mr head of ET please honer this person. At least I do Sir!
 
If you keep expecting the market to be in your favor without working to find profitable entry and exit points, you are bound to fail. In no way, forex trading offers an easy path that leads to money-making. It’s a rocky trail and you will have to find your own way to the top.
 
Forex is the largest financial market in the world, with daily trading volume exceeding almost $6 trillion. There are about 14 million traders associated with forex trading. So, even a 10% success rate comes to a large number. It is not worth thinking of the failures in any domain if you want to succeed, and forex trading is not an exception. Gather your knowledge by joining a forex learning course, practice on a demo account, and learn as much as possible. People spend vast amounts for college educations and end up with a 9-5 job offering only a percentage of that investment as a salary. It is worth putting in your effort to learn forex trading and start your journey with a small investment.
 
pipbeepip said:
Forex is the largest financial market in the world, with daily trading volume exceeding almost $6 trillion. There are about 14 million traders associated with forex trading. So, even a 10% success rate comes to a large number. It is not worth thinking of the failures in any domain if you want to succeed, and forex trading is not an exception. Gather your knowledge by joining a forex learning course, practice on a demo account, and learn as much as possible. People spend vast amounts for college educations and end up with a 9-5 job offering only a percentage of that investment as a salary. It is worth putting in your effort to learn forex trading and start your journey with a small investment.
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learning is important but it can be useless if there is no regular level of practice.
 
All traders don’t see the same scenarios in the market and so all of them have their own ways of dealing with the risks that come by. Just because some traders couldn’t make it in their careers doesn’t mean you won’t be able to too. Focus on your realistic goals and stick to your trading plan so that you can manage risks well in time.
 
Some of the brokers themselves have disclaimers saying it varies between 75% to 90% lose their funds so its quite high regardless of the exact figure
 
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