This is a very good practice to get into Adelhard
- Joined Nov 2008 | Status: Member | 45,185 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Why you lose money and will always lose 31 replies
Did we Lose any Brokers? Are we going to Lose a few? 1 reply
True or False: Brokers like you to make money 16 replies
Problem with restart FLAG "==true" to false 2 replies
Nothing can argue with putting money in the bank? True or False 4 replies
Dislikedi 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.Ignored
Disliked{quote} 90% of traders lose money. True or False ????? 90% of new retail traders lose money in their first 12 months. TRUE.Ignored
DislikedI wasn't trading the past three months, but I blew up my first account.Ignored
DislikedSome actual statistical facts – according to the Polish financial regulator in 2018 Polish traders alone lost $151 million. About 35,000 accounts ended the year in the red and the average trader lost about $4,400. 78.9% of all retail traders in the country lost money in 2018, marking a slight decrease form 2017 when 79.7% of all traders lost money, the regulator data also shows. So it’s not 90% of traders that lose money, but the figure is still...Ignored
Disliked{quote} Interesting data, gives us slightly more of an edge to be successful! but as you said still a very high figure, stacked against retail traders.Ignored
DislikedSo it’s not 90% of traders that lose money, but the figure is still pretty bad.Ignored
DislikedIf there is a 90% chance of losing the forex game, why are some people trading the forex ? Seems to me there are millions and millions of people who won't go near it But the stupid ones do. It's a tax on being stupid like the lottery is a tax on people who are bad at math.Ignored
DislikedI will agree with 99 % of traders loose money in the beginning. It takes time and patients to learn how to not loose money. Speaking from my own opinion. I strongly believe that you have to put in the time with real money to get better. Thanks for the thread.Ignored