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90% of traders lose money! True or False?

  • #121
  • Sep 4, 2018 4:27am Sep 4, 2018 4:27am
behind every losses there are some common reasons that we cant avoid, in Forex trading due to lack of patience most of the time we become loser, so we have to practice how to keep patience when trading.
  • #122
  • Oct 8, 2018 11:57am Oct 8, 2018 11:57am
There are many reasons behind every losses including due to lack of patience as success in Forex is a long term process. But I think greed is the foremost reason for big losses, because by and large traders become loser by means of over trading.
  • #123
  • Oct 10, 2018 10:51pm Oct 10, 2018 10:51pm
I hate to admit this but I'm still one of the 90% losing traders. I've been trading on and off though.
Big sigh
  • #124
  • Oct 12, 2018 5:34am Oct 12, 2018 5:34am
If you don't know where to stop you always lose. It is a simple rule. If you want to be 10% winning side you have to be patient.
  • #125
  • Oct 15, 2018 9:50am Oct 15, 2018 9:50am
According to a survey conducted by the Australian regulator ASIC your chances to be a profitable trader are actually higher: they conducted their survey among 57 brokers and it turned out that 80% of Binary Options traders lose money, while the percent with CFD and forex traders is 72 and 63 respectively.

That is a lot better than the 90 – 95% losing traders that people usually quote, but it’s still pretty bad if you ask me.
  • #126
  • Nov 12, 2018 6:32am Nov 12, 2018 6:32am
i think the percentage right now is decreasing, traders above all the beginners are more careful than before when trading.,
  • #127
  • Nov 15, 2018 1:24am Nov 15, 2018 1:24am
But I believe this percentage, because still I am not seeing much profitable traders in this trading place , most of traders in practically are not found as a regular profitable trader.
  • #128
  • Nov 25, 2018 8:25am Nov 25, 2018 8:25am
I hope i'm in the list of 10% successful trader..
  • #129
  • Nov 25, 2018 8:31pm Nov 25, 2018 8:31pm
90% of traders lose money! True or False?
I think it's true, maybe more than 90%. Only very few traders can make money from this blood game.
  • #130
  • Nov 26, 2018 1:10am Nov 26, 2018 1:10am
I was just exploring Fortrade broker page and in footnote it stands:

"CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 86.59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Get Notifications"

It would bi nice if all brokers could have info like that.
  • #131
  • Nov 26, 2018 7:22am Nov 26, 2018 7:22am
Quoting RichardChina
90% of traders lose money! True or False? I think it's true, maybe more than 90%. Only very few traders can make money from this blood game.
I think so. Even, in my trading life, I see only couple of traders are really making money as a Forex trader.
  • #132
  • Nov 29, 2018 6:11am Nov 29, 2018 6:11am
Quoting clockwork71
I would venture to say that 90% is probably an accurate figure. I would have never thought what I am about to type here is true just 3 months ago, but here goes: In general: Brokers aren't screwing you over. There are too many impulsive traders out there losing money. They don't NEED to do it, you will do it for them. They know this. For every trader out there cleaning them out, there are more than enough to make up the difference. Remember, they might be giving one guy 125,000 this year, but the rest of you are losing MILLIONS. I am sure the broker...
Excellent post. Thank you.
Love the life you live, live the life you love
  • #133
  • Dec 7, 2018 2:44am Dec 7, 2018 2:44am
Quoting BentleyDavey
I hope i'm in the list of 10% successful trader..
What actually successful trader do you think ? anyone can make success by trading for sometimes ? it called successful trading ?
  • #134
  • Dec 10, 2018 4:35am Dec 10, 2018 4:35am
90% is about right.
  • #135
  • Dec 14, 2018 3:36am Dec 14, 2018 3:36am
Percentage is not a deal at all, it just a prediction, if you want to get maximal result from trading , you have to make sure first of all some inevitable parts of trading , good knowledge , good money management, great analysis , working with popular broker and much more.
  • #136
  • Jan 29, 2019 12:34am Jan 29, 2019 12:34am
Quoting rafaello
i wanna find out if the statistics is right about it, so let;s say for the last 3 months did you 1) lose money 2)make money and in your opinion, do you agree that the only side who makes money on forex is FX companies themselfs, and of course Interbanks.

"FALSE" 100% Loss money at one point or another,

It's the skill of trading that you learn along the way that deter-mans how much you loose.

50/50
  • #137
  • Jan 29, 2019 3:48am Jan 29, 2019 3:48am
Quoting Forexkongs
90% is about right.
Yes, it is! Even, the ratio can be wider! Basically, a number of traders start their trading with a wrong perception. They want quick success.
  • #138
  • Feb 8, 2019 3:55am Feb 8, 2019 3:55am
success and quick , they are opposite , i have never found at any guys in this stock market who bring success rapidly , so dear, keep mentality to pass a long time with patience, otherwise emotions can kill your balance.
  • #139
  • Feb 16, 2019 10:45pm Feb 16, 2019 10:45pm
Quoting clockwork71
I would venture to say that 90% is probably an accurate figure. I would have never thought what I am about to type here is true just 3 months ago, but here goes: In general: Brokers aren't screwing you over. There are too many impulsive traders out there losing money. They don't NEED to do it, you will do it for them. They know this. For every trader out there cleaning them out, there are more than enough to make up the difference. Remember, they might be giving one guy 125,000 this year, but the rest of you are losing MILLIONS. I am sure the broker...
Wow. Now this is the guy I need to be taking tips from.
<i>hungry for knowledge, hungrier for profit</i>
  • #140
  • Feb 17, 2019 3:17am Feb 17, 2019 3:17am
Quoting kaneutaka
If you don't know where to stop you always lose. It is a simple rule. If you want to be 10% winning side you have to be patient.
Very simple message but effective mostly , patience is first and foremost thing that we have to ensure in here for surviving , forex is a long journey and there is no way to bring something good within very short time. So, be patience and keep learning with good mentality.
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