90% failing rate , its true ?
- Thread starter Ahmed Solaiman
- Start date
i think the percentage of failure trader is too much high in crypto market , this is my own opinion.
That’s true! But I don’t think trading volume of cryptos is as much as the trading volume of forex.
Yes, I agree with you on this. Trading is an skill which entirely depends upon the practical knowledge and abilities one holds to execute.
This is true! A high number of traders fail in the market. Out of the remaining, only a few are able to make consistent money.
It is true because risk management is an important component and many do not understand it. The cliché “The best defense is a good offense” may apply in sports, but in the world of trading, defensive risk management enables you to live to fight another day. It buys you the time to find and capitalize on opportunities and helps to ensure longevity as a trader.
This numbers are unfortunately true. Trading forex is not as easy as it might seem to be. To be in 10% traders need to have extensive knowlegde and trading experience.
Yes rightly said, And skills need to be practiced from time to time.
skill is for short time approach but experience works for a long time and need to pass a long time to gather any kind of rich experience.