With the new CFTC rules requiring brokers to release the percentage of successful traders, it looks like the mythical "only 5% of traders win in the Forex" rule was complete bogus. God knows how much more bogus information has been going on in these forums. Oanda had a success rate of up to 50% while most other brokers were around 25%. Of course, to be fair, these are quarterly figures, but they're far from the 5% success rate that so many Forex traders believed in.
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