DislikedI think that traders fails for various reasons. First, it is absolutely true that 99.9% of fx retail traders fail in the long run. The reasons are : 1- no money 99.99% of traders don't have any capital to invest, a few hundred dollars or a few thousand are not enough for trading.
Professional traders too have a lot of capital, and they still lack education and lose in the long term. However they trade clients money, and new clients always come so.. To them doesn't matter if they win or lose, as long as new clients (money) come, they keep earning...Ignored
The 2 guys were trading stocks, from 2014-2016. They traded with 100K and 500K.
One lost 15% and the boss of the fund kicked him out.
The other is a private trader who still faces a 40% drawdown because he went all-in (in one stock).
And a group of 3 traders was trading FX with dukascopy during 2011, with 600K.
When they lost 20%, clients pulled the plug.
They all had enough money but they couldn't make a dime.
They were trading like noobs, it's unbelievable.
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