90% failing rate , its true ?

tere said:
If it happens in short period of time , how can you jump when they jump/ed?
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They are not scalpers looking for a few ticks.
It is possible to follow them on the 15 min charts if you are a day-trader, there are at least more than 50 different financial instruments to choose from (in the US, UK, Europe, etc...)
 
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Ahmed Solaiman said:
i have been with Forex minimum 10 years , its a long time i have passed , when start trading i got the message majority become losers from there almost 90%. in 2020 still the same ratio ? there is anyone who can ensure exact explanation about this statistic ?
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I attempted to find original articles that detail this fabled "90% failure". Only 1 article - based on traders from India, gave sufficient details and data - their failure rate was 78% but even that one paper was clumsy and weak. I could not find any detailed studies or data to show "90% failure". Just saying.
 
Dazz said:
I attempted to find original articles that detail this fabled "90% failure". Only 1 article - based on traders from India, gave sufficient details and data - their failure rate was 78% but even that one paper was clumsy and weak. I could not find any detailed studies or data to show "90% failure". Just saying.
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Hi Dazz,

You can find some stats in my post (#11) in this thread, if you have not already read it.
 
MrMuppet said:
no, it's closer to 95%

Explanation is simple: 95% don't know what they're doing so they gamble their life savings away to feed the 5% winners
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And that "5% winners" is NOT other traders; it's the very broker that traded against its clients.
 
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