90% failing rate , its true ?

AndrewMcCalam said:
there is any one who can explain more about successful traders ratio. i am tired about failure ratio or something. thank you
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This is one of the example. You just need to keep researching and tuning the strategy, asking on internet how to have a success trading won't get the same result. It is just how the trading is.
 
90% failure rate is the hard reality of forex trading. The reason why so many traders fail in forex trading is that they start trading without any knowledge. They don’t know how much capital to risk, when to enter and exit a position, how to use stop loss and trailing stop loss, and how to use fundamental and technical analysis to identify suitable trades. Without knowing these things, trading becomes gambling, and anything can happen in gambling.
 
I think the rate of failure of 90% does not represent all traders around the world because no authentic statistic is issued by the large entity, but these values maybe only represent by data statistics issued by a certain broker and think it become all statistic.

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Volable said:
90% failure rate is the hard reality of forex trading. The reason why so many traders fail in forex trading is that they start trading without any knowledge. They don’t know how much capital to risk, when to enter and exit a position, how to use stop loss and trailing stop loss, and how to use fundamental and technical analysis to identify suitable trades. Without knowing these things, trading becomes gambling, and anything can happen in gambling.
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this is a fine reply with good information
 
There could be any one reason from many possible reasons. Forex trading requires trades to be very particular about the trades and even smallest mistakes in trade can lead to losses.
 
agree , mistake we the traders cannot be avoided after having good knowledge , but if anyone do same mistake again and again , then its a problem
 
Remember forex trading is a very professional market which does not spare any traders mistake so learning knowledge is very important before investing any real money into trade industry.
 
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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NO wonder, some of the 'better'' forex dealers , @ the fine[hard to read] print @ the bottom of the ad page note ''you can not lose more than your original investment''
I remember Don Bright DayTrading Co not liking forex, not enough regulation.
But that may be a better deal than an auto loan; due to depreciation , miss payments +the bank can repo the auto sell it fast + sue the borrower for the balance:caution::caution: So with the better forex dealers\ you can not lose more than your original investment''
 
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