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Why 95% Of All Traders Fail

  • #161
  • Apr 6, 2018 7:43am Apr 6, 2018 7:43am
Quoting Derzo
Well, I think this figure is a bit exaggerated. I think they loose not more than about 70% . They do so because they watch too much commercials demonstrating how easy it is to make money on forex. That leads to loosing money.
I think that the only way for us to know for certain would be a survey by a proper statistics agency.
  • #162
  • Apr 6, 2018 9:15am Apr 6, 2018 9:15am
Quoting Derzo
Well, I think this figure is a bit exaggerated. I think they loose not more than about 70% . They do so because they watch too much commercials demonstrating how easy it is to make money on forex. That leads to loosing money.
Same opinion here!
  • #163
  • Apr 6, 2018 6:11pm Apr 6, 2018 6:11pm
Honestly friends you really are trying to reinvent the wheel, discipline is mentioned a lot for a reason and it is rarely masted, find a quality system splice it with good money management skills and you have money in the bank, IT IS THAT SIMPLE, but in general people hate discipline and lack the focus and motivation to master it.
Treat trading like a trade ie[ carpentry, boilermaker, plumber ], it takes you years to master a trade, trading is the same, yet people come into this game and wonder why they blow all their cash without completing their apprenticeship.
Apply yourself to a quality successful system, learn as much as you can about the style of trading you want to pursue, find yourself a trading home and never quit = success. All the best, GW
IMPROVISE ADAPT OVERCOME
  • #164
  • Apr 7, 2018 2:16am Apr 7, 2018 2:16am
Quoting Majeeda
{quote} Same opinion here!
Frankly, it’s not easy to mark out starts going up & starts going down levels!
  • #165
  • May 8, 2018 7:33am May 8, 2018 7:33am
traders fail when their strategies not work , and only due to money management our strategies not work practically , so it is more important to ensure how to manage money when trading.
  • #166
  • May 9, 2018 2:07am May 9, 2018 2:07am
It is 99.9996% of all traders,
who are failing within 6 months.
6 months in an average value.


You can only dream there are 5% winners.
Maadik Hugiis. IQ 69.
  • #167
  • May 18, 2018 3:05am May 18, 2018 3:05am
Actually there is no one in this stock market place who can avoid loss complexly even professional traders who already passed a long time in here with great patience. So I don’t know why we got upset when making a loss. just focus and keep consistence.
  • #168
  • Aug 6, 2018 6:50am Aug 6, 2018 6:50am
Losses in forex are inevitable. Unless you lose you will not learn how to make it work. As for those traders that never make it in forex and always seem to be in loss the primary reasons are impatience and lack of discipline. Moreover the nuts and bolts of forex markets are not grasped by everyone with the same efficiency. So you may be passionate about forex but you also gotta have the right aptitude for it.
  • #169
  • Sep 4, 2018 1:11am Sep 4, 2018 1:11am
I have never found at any guys who take Forex as a passion, most of the traders we have take this market place as a casino and try to make money very rapidly without learning.
  • #170
  • Sep 4, 2018 2:28am Sep 4, 2018 2:28am
HI ALL

a did find the perfect system but no many trades maybe 2 a week but they give me at least 100 p each that enough for me no stress when all okay just press the button but was hard work you have to be very very committed but after while all pay off.
  • #171
  • Sep 4, 2018 2:30am Sep 4, 2018 2:30am
can you share more about your trading system ?
  • #172
  • Sep 22, 2018 2:44am Sep 22, 2018 2:44am
there is no trading system in Forex trading which can make profit consistency, sometimes i feel its all about temporary.
  • #173
  • Edited 4:08am Sep 22, 2018 3:46am | Edited 4:08am
I've wondered how anyone knows that 95% of traders fail.
Where do those statistics come from?

That reminds me of the claim that men beat their wives at a higher frequency on Super Bowl Sunday and when England loses a World Cup game.
Both are false claims- myths, but many people believe it.

Another one is that Black Friday (day after Thanksgiving) is the biggest shopping day of the year. It isn't. Another myth that has become a false truism.
  • #174
  • Sep 22, 2018 12:36pm Sep 22, 2018 12:36pm
Quoting Ghost Walker
Honestly friends you really are trying to reinvent the wheel, discipline is mentioned a lot for a reason and it is rarely masted, find a quality system splice it with good money management skills and you have money in the bank, IT IS THAT SIMPLE, but in general people hate discipline and lack the focus and motivation to master it. Treat trading like a trade ie[ carpentry, boilermaker, plumber ], it takes you years to master a trade, trading is the same, yet people come into this game and wonder why they blow all their cash without completing their...
well said
  • #175
  • Sep 22, 2018 12:42pm Sep 22, 2018 12:42pm
I looked at a article from ESMA and the FX broker with the most proffiteble traders where at 39% too the lowest on the list at nr.20 that where around 15% soo that 95% fail is not true...Ore 31% and 15 i dont remember exactly but not 95% atleast...Mayby many fail and give up can be higher but for traders who trade with theese brokers ESMA is not lying abut this if it where up too ESMA FX would be banned forever...
You win some you loose some do both with peace of mind
  • #176
  • Edited Sep 23, 2018 6:03am Sep 22, 2018 12:54pm | Edited Sep 23, 2018 6:03am
yea i've seen those stats too , some brokers even claim to have 40 % of successful traders

but it all boils down to the sampling period , if you take a 3 month period you can have 60 % of winning traders who will get margin called in the following 3 months

the 95 % of failed traders cliche' refers to a broader and general statistic which takes into account longer time periods
  • #177
  • Sep 22, 2018 1:21pm Sep 22, 2018 1:21pm
Quoting MXT
yea i've seen those stats too , some brokers even claim to have 40 % of successful traders but it all boils down to the sampling period , if you take a 3 month period you can have 60 % of winning traders who will get margin called in the following 3 months the 95 % of failed traders cliche' refers to a broader and general statistic which tales into account longer time periods
All brokers have too say how many% are not proffiteble in their comersials and thoose facts have too be proven for ESMA in europian countries atleast and i have seen them goo from 69%-79% in that range but that can of course bee taken out of one week of trading mayby the best of the year....And of course if you see it over a prespective of 3-5 years and take all that try and trade forex most will give up within 6 months and then number can be 90-95% not as some of us here been struggeling with this for over 4 years now on a daily basis and refuse too quit...LOL have a good weekend ...And keep it green....
You win some you loose some do both with peace of mind
  • #178
  • Sep 23, 2018 6:08pm Sep 23, 2018 6:08pm
I'm not sure if this has been mentioned, but most new traders blow out their account or go broke before they have a chance to learn how to trade. No one should trade more than 0.01 lots per trade until they have been profitable for at least 3 months in a row. Plan on that taking 5 to 10 years of study and practice. - G
  • #179
  • Dec 20, 2018 12:02am Dec 20, 2018 12:02am
but traders cant control their emotions when trading , they trade with high lot and fall a great risk ultimately.
  • #180
  • Dec 20, 2018 3:07am Dec 20, 2018 3:07am
hi
that correct he takes time and time before making money first we have to be very disciplined, forex is not the casino that why many give up too early you need to make a list 7 win out of 10 trades in the demo for months then polish the system suit you .after that you can go live but in very small lot and money management he took me 7 years before a become profitable I taught a knew all but in fact knew fuck all ??? he takes years and years to understand the market and the way the market behaves a do not trade much but very successful now I am glad did learn and the reward pay off at last .
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