Got new statistics, by the way, 63% or 90% indicates same clear issue. Majority become loser from this market place because traders try to make money from here without learning , but there is no short –cut way to make sure good profit from here.
Another Day, Another Chair, Another Day in the Office 198 replies
The one reason that trumps all other reasons why traders lose 262 replies
The reason why 95% of new traders consistantly lose money 203 replies
The Reason why 95% Traders fail 341 replies
DislikedI think one issue is that many currency traders feel they have to be trading all the time. Rather than waiting for a high confidence trade, they redesign a strategy based on what is happening on their computer right now so that they can enter a trade. You very seldom see that in stock traders and you almost NEVER see that in options or futures traders, but you see that quite frequently in forex traders. Not really sure why....Ignored