due to over trading i faced huge losses as a new in trading. this is a most worst bad trading habit .
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90% failing rate , its true ?
- Thread starter Ahmed Solaiman
- Start date
this is ugly truth of Forex market and no way to avoid it , because it happened to me also when i started forex trading as a newcomer.
right now the percentage of this failure rate is growing high , because after COVID 19 this ratio increased very rapidly.
i dont believe any kind of trading statistic , because this is not declared by any kind authority
A majority of them fail because they are not committed to trade. They rush with the learning process or skip it. For them, it is about making quick profits ASAP - something that is not possible in forex.
True! The stat is high, even higher than 90%. Only 1-2% of the traders are successful.but this is true fact believe or not.
most of the time beginners fail from this marketplace, they always try to bring a good amount of profit from there without learning. as a result this happne.