90% failing rate , its true ?

[Svetlana Loboda]

that is a very fine reply with good information. thanks for your nice post.

 

[Adelbert67]

90% is a big number, but it is a hard reality of forex trading. Why so many traders fail has something to do with their trading goals and strategies. Traders who start forex trading with unrealistic goals come up with unrealistic strategies, which result in losses. Things will definitely change if traders have realistic goals in trading because then, they will be able to trade with better strategies and even survive at a time of multiple trade losses.

Basically which newcomers try to make quick money here; they are the gamblers! They are not the trader actually! But , it’s true more than 90% participants are unable to make money here! They all are with low trading skill!

 

[SunTrader]

Many newbs should just be reading and most importantly asking questions. Save the statement making about what works/doesn't work, why traders succeed/fail, etc unless you've traded for years and years.

 

[nodoubts]

Correct, study the craft you are trying to master. Well put.

 

[kroxobor]

An interesting point about this statistic is that it is not based on geographical region, age, gender or intelligence. Everyone aspires to be in the top 10 per cent who consistently make money when trading the stock market, but few are willing to put in the time and effort to achieve this. So, be sure that it's really true Trading isn't a game.

Well if your break sample of traders into sub-samples based on age, intelligence or gender you will likely see other numbers. Young traders tend to be risk-taking, old or intelligent traders are probably more risk-averse and conservative. Survival rate of the latter is probably higher because their chance of going bust is lower.

 

[Henry520]

young traders always try to bring profit with no learning and they trade with high risk with no plan.

 

[tomorton]

The total cumulative percentage of losing traders is constantly increasing as higher proportions of losing traders cease trading than winning traders who continue. As stated already, the average percentage of active traders who are losing money is 70-80%.

There are many ways to succeed in trading but what's important is to be not doing what they are doing.

 

[FahadMd]

agree with you.

 

[Ahmed Solaiman]

Forex is a trading place where anyone can bring profit with certainly but of course first of all have to make sure all inevitable parts of trading , otherwise trading can be useless.

 

[Mustache]

Traders have a misconception and the scams are doing a great job at making them believe how easy it is to make money through forex trading. These unrealistic high hopes make newcomers do what leads to losses. Most times, it’s not that easy to understand the market.