That’s right; new traders need to focus on only their learning process! Forex trading is difficult, but it’s not impossible!
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90% failing rate , its true ?
- Thread starter Ahmed Solaiman
- Start date
the failure rate is very complicated issue in there because no institutional industry make sure that rate. traders said that issue according to their own experience.
Yes, a high number of traders fail. But should that statistic affect you? No, you’re trading your own account. If you trade diligently, then you will see the results.
One should focus on their own trades and not worry about the statistics. They only make a trader fearful.
agree with you .
I think Risk management should be as important to traders as formulating a strategy or stats.
but sometimes risk management works to fail , because market is too unpredictable in most of the time.
This mainly happens when the market is highly volatile and becomes unpredictable. I avoid trading such situations especially during any news or data release.but sometimes risk management works to fail , because market is too unpredictable in most of the time.
Traders fail due to many reasons. A majority, roughly 95% -96%, of traders don’t have a trading system or a robust risk management strategy. Only a few, 1-2%, become successful traders.