90% failing rate , its true ?

Of course, this topic is never going to get irrelevant because new traders will keep coming, trying their luck, and failing. Those who are successful are busy trading, while others who haven’t had much success will always seek answers to this question.
 
Because there are no filters to start your career as a trader, not many traders take it seriously. They come and go without really making a difference in the market. And the traders who keep trying to make money, make a very small percentage of the market.
 
True! More people lose in the market than people who make money. Newbies are desperate to make money in the market, but they never make money because of their lack of skills and knowledge.
 
Indeed there are so many traders losing money or failing in CFD trading, this is a common issue, and only a small portion survives and is able to make money from the forex trading business, however leaving forex because one failure will lose all opportunity to get earning from forex business.
 
Most new traders are mere gamblers who come and go without really making a difference in the market. They try their luck once or twice and when nothing seems to work, they leave like they never were here.
 
A high failing rate in the forex market is a result of traders not being able to adapt to the market conditions. It’s not a good idea to assume that a proven strategy would be able to deliver endless winning trades. The market is not static and you have to track down these changes to take advantage of the opportunities.
 
JimmyChoo said:
any kind of trading strategy can be useless if there is no regular level of practice.
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It is only practice that can help you master the trading strategy. There is no fixed 100% profitable trading strategy. Traders need to find an edge to the strategy in this ever changing market.
 
Imo, a single small mistake can result in losing the trade. So there are many reasons why traders fail. It can be the lack of knowledge or even emotions. Even if you have sufficient knowledge but no control over emotion, you can lose.
 
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