There's no such thing as "low risk"

I do not need to know you or anyone else to know that the small retail forex trader has no measurable edge in this market. The so called "research" studies you posted showed absolutely nothing. Only that in a particular time period some traders will have positive returns. That proves nothing and it's a mathematical certainty that all those "profitable" traders will eventually lose all of their money as they keep trading in a negative expectancy market. Keep believing in your delusions and fairy tales but I will make sure that people reading this understand what the reality of the forex market is.

Maybe what you are trying to do here is save people time, and that's fine. But, you have a lot more digging to do to find the truth about this industry.

Most people fail, and it does take many years to become profitable. Usually around 7 years before everything starts to click. And that's why most people fail. If you do continue after that and have not either lost all interest or just simply cannot do it, then you will succeed.

Since you care so much about new traders, why not post some actual evidence supporting your claims?

You say that it is a mathematical certainty all traders will fail, can you post one source to prove this?

You say my statistics are not sufficient enough evidence, and that's fine. But, facts are facts your opinion really is irrelivant when faced with real facts.

The fact is that when you enter a trade you have a 50/50 chance of being right, risking a 1:1 but that is without an edge. It is up to the trader to find his edge overtime and there are an infinite amount of ways to find one. The hard part is finding what works for you.

It's not like a roulette table where you bet on black or red and there are only 2 possible outcomes. In trading you literally control your own outcome. That is the beauty of it, and if you understand this you will be closer to getting there.

I know the truth about this industry very well. It's delusional people like you who do not and are taking down others with them. I do not need to post a source to state an obvious and self-evident fact. Each time you place a trade you are already in the negative because of the spread you pay, and unless you have information which the general public does not, then you have no directional bias to give you an edge over the market. There is NOTHING on a chart that everyone else can see which will give you an edge when you place a trade, if there was it would have been long exploited by a computer algorithm before you could blink. It's a simple fact that a small forex trader, barring any "insider" information, has absolutely NO edge in the retail forex market. The sooner you realize this the sooner you will start doing something more meaningful with your life instead of wasting it away in a losing game

Let's just agree to disagree. You haven't sourced any evidence showing that forex trading can't become a career for someone.

I have and can show real proof of success in this industry. It isn't easy, but it isn't impossible.

If you want to believe what you want I do not care. But calling me names here and stating no actual facts doesn't make your point. So, I will not be responding to your comments anymore.

I will continue to trade and be successful while you do what you do. So, it is what it is. As for the new traders just know that it is possible if you work hard enough, but it isn't for everyone and most people do fail.

I don't know if they are real... but if you go to myfxbook / systems and select system age 3 years, you can find several consistently profitable pamm accounts. apparently the vast majority of them use EAs.

Now would I recommend FX to make money ? from personal experience: NO.

This is just training ground.

Once you lose the rigid 1% percent risk and fairy tale 10 pip hard stop mentality etc. (basically most of the generic trading commandments found online,) and realize you aren't, nor likely ever will be accurate enough to trade in this manner...many new possibilities begin to take shape...if your trading plan has no flexibility, no ability to put up a fight, or no option to build positions...it's gonna be nearly impossible to build an account to any reasonable level before death by a thousand stops or so little overall profits it becomes not worth the wear...

Take your normal lot size and break it up into sometimes MANY small positions...learn to manage them...when to close them as you go...when to hold until near original entry and when to thank god you were just able to get flat or take minor losses...use leverage...master comprehension of the overall margin level percentage....and most of all don't waste all your bullets near one price point unless you realize the dangers of doing so...

It will take years to master this style of trading...do not use a monstrous account when learning...but it is ok to use high lever...if it weren't for me only having micro accounts to blow in the early days it's likely i wouldn't be here at all to reap the rewards...learn big lessons with small amounts...when everyone else has long gone running scared to the ever present manipulation and degeneration of big money, you will have options to allow yourself time to size up the situation and peer into the fog of war...most times the main flow of profits don't arrive until either enough bagholders have been created and/or until enough have been farmed for liquidity etc...think of how often you have those movements that seem to never quit and very little pressure from decent pullbacks...it happens...but unfortunately you need to be able to operate the other 90% of the time when things aren't so rosy in the market...

You will also begin seeing the advantages that exist for retail traders vs the billion dollar mafia and how to capitalize on the downsides of them having to operate with such enormous size...remember...even a 5k account seems like billions when you use .01 lots and can build/manage multiple positions...suddenly all of the things that normally stop you and cause so much panic/doubt/anger/frustration becomes increasingly more manageable... it's actually very possible to make 60-100 dollars or more per day using .01 lots and adaptability goes through the roof...

I've taught in various other unrelated disciplines and try to refrain from doing so in trading because of so many things i'd rather not share with competition and the horrific forex guru stigma is probably the worst of anything i've ever been apart of in any high skill discipline...most of the hate is warranted as i said...even if a guru could offer you training that really works, which most cannot, very few would ever give you the edges that make them loads of pips...and here's the kicker...even if they did, it's highly unlikely the average trader could implement them in real world scenario as high level strats demand an equally high level of competency to implement successfully...get it?

to a surgeon a scalpel is a wide ranging, vital lifesaving tool that has to be used the right way at the right time and requires the skillset to properly implement and most of all the ability to harness it's most powerful component; discretion...cut a bit too much you risk causing more problems than when you started...cut too little and the cancer will remain...

Mastery in trading, or really anything, is the ability to flow within any given situation/environment etc...you must be all styles and no style...very wise words from the master of common sense...and another gem from someone who might appear not so bright: everyone has a plan until they get punched in the face...cheers

I guess those percentages are relevant to the vast majority of traders as they quit within the first 4 months or so.

Depending on the total volume of your trade, some risks can be termed as low.