90% failing rate , its true ?
- Thread starter Ahmed Solaiman
- Start date
Agreed!
Forex is not a place for gamblers. Their beginner's luck doesn't work in the longer run.
When most traders are losing money, its interesting to know what most traders are doing.
New traders generally start with two assumptions of what trading involves -
1. day-trading
2. trading price reversals
These are unfounded for these chaps at this stage for them and tend to lead them towards self-damaging behaviours. Increasing losses enhance these tendencies. Hence, 90%.
New traders generally start with two assumptions of what trading involves -
1. day-trading
2. trading price reversals
These are unfounded for these chaps at this stage for them and tend to lead them towards self-damaging behaviours. Increasing losses enhance these tendencies. Hence, 90%.
traders fail because they cannot come out the same mistake , its the main reason why traders lose from this volatile trading place.
many people would say
- day trading is very very very difficult. 99% will lose money
- better buy stocks and hold it for many years. Don't look at it until 10 - 20 years later. Then, close your position with a very huge profit.
Just look at TSLA, AMZN, GOOG ... and see how it appreciated multiple times.
It is easy money.
- day trading is very very very difficult. 99% will lose money
- better buy stocks and hold it for many years. Don't look at it until 10 - 20 years later. Then, close your position with a very huge profit.
Just look at TSLA, AMZN, GOOG ... and see how it appreciated multiple times.
It is easy money.
Traders are the reason for their losses. I don’t understand how they believe that it would be easy to make money in the forex market. If it was that easy, every trader would have been a billionaire. They need to think about the facts and not merely assume that they can do anything.
