90% of traders lose money! True or False?

Don't fall for the argument that you can "learn" Forex.

There is enough scientific proof out there that you can't learn to outpredict a negative sum market in a sufficient and consistent way over a longer period of time to make a risk adjusted, consistent profit...... There is a reason why all financial products have the warning "past performance is no indicator for future results".

So the only thing you will learn (if you are smart enough) is to understand that the market is indeed very efficient (especially true in extracting retail traders money). Most likely you'll end up with a gambling addiction due to the leverage involved and continue to waste your time and your money over a long period of time.

In my opinion to earn money you must.....
- have a significant lower leverage than the average participant in what you trade --> you need money to make money.
- have price relevant information earlier and in a better quality then most of your compeditors - expensiv data mining, alternativ data sources, insider knowledge
- have tools that allow you to trade faster than others - HFT and arbitrage
- have tools that allow you to trade at lower costs than most others

....and never underestimate the impact of luck - even over long periods of time.

What else are retail traders doing than just placing bets out of thin air?

You will learn the the market is structured in a way that money is getting extrated from retail traders at a truely breath taking speed and you won't be an exception. If this wouldn't be the case, there wouldn't be hundereds of companies offering retail forex trading, paying hundereds of millions a year to sell the dream via marketing of all sorts and by putting a giant affilliate marketing army to work to hunt for new victims and still make signifant profits year in year out.

I got your point; basically; there is no nothing like Forex learning institutions; almost all of the new traders start their learning process manually; that’s why learning is so difficult.

Nope,

1. studies show that being profitable in one year does not give you a significant higher probability to be profitable in the next year.
2. Those who lose do not show a significant trend of improvment over the years - you can learn to avoid the most stupid newbie mistakes like overtrading, overleveraging, etc.... but in regards to consistent profitablitiy, no study so far showed that their would be any kind of measurable learning curve that can make a profitable retail trader out of a non profitable one - therefore the whole forex coaching business is more or less worthless, especially if you look how these coaches make money in channeling new victims to brokers an earn a killing doing so.
3. The average percentage of losers in retail forex over one year seems to be quite stable over the years (70-90%).
4. Over 5 years >98.1% of all retail traders lose money - the 1.9% winners can still be explained by luck.
5. Most accounts are already gone within 3 months..... that's the harsh reality.
6. Retail traders have a significant structural disadvantage in this game - therefore I call it a negative sum game for losers.

I do not know about others but I have heard that many People are losing the money in the Forex. Forex is risky but not everyone is losing.

General figures would suggest 90% of traders lose, some say slightly more or less, but either way its a big number.

No doubting that Forex is risky, but being successful is not impossible.

I can say I became profitable when I realised that 90% risk of loosing can be much less with proper mindset and look at trading as ultra marathon and not sprint. I use 1% risk management, and it would take me 100 consecutive loosing trades to loose money. I think half of the retail traders loose money because they enter with 200 dollars and don't care if they loose or not. Also other half just doesn't know what to do and trade forex like its casino. Some may win, but I don't think that 10% of traders who are winning are lucky. Luck can serve you well maybe up to a year, but all after that is probably knowledge, DISCIPLINE and understaning of markets.

90% seems rough, but if you look at it this way for comparison: 90% of football players never become professional either or in any other sports. So never discourage yourself, try to learn and see if it goes the way you want or you are simply not made for it. But be certain if you dont try, you will never know.

cheers

its not just true but its a reality

and its 100% not 90%, the only winner is the casinos, cartels "who refuse to kill me " and the jewish

TRUE. Iv lost 3 accounts

Let me say that I wouldn't be surprised to find this to be true

You wouldn't be surprised to find out what would be true?

this: "90% of traders lose money"

Bad times occurs so better to be prepared for the worst and keep on practicing on demo account in free time to improve trading skills.

The percent is quite right I think. About the two sides I don`t think so. Good FX companies in example makes money without matter you lose or win, only from the spreads.

generally brokers earn from spreads , its the main source to bring profit for them. thats why most of time they cheat with their traders by spreads. by the way , i have a question which broker has 0 pip spreads how they earn from spreads.

Well i would somewhat agree with this percentage. The failure rate is too high. People not only lack the required knowledge but also the patience and disciplined required to trade. Due to inability to make profits many ultimately quit forex.

Of course; patience is very important parameter! Unfortunately, a number of new traders start their trading career with a short-term point of view!

People tend to lose in this market, about 90% lose their money and that’s a hard fact. The reasons vary. Actually this market is like a jungle. No one is your friend. The people that sell you EAs, indicators, online courses, normally they all are your enemies. If they had a great strategy they wouldn’t share it with you. Actually their income is from people like you not really trading in this market. Brokers are not your friends either. So in such a harsh market, few people will survive and earn an average income.

mostly traders kick off trading just after finishing demo account very shortly ,but in practical this is not enough to start a live trading , because there is far difference between two demo and live.

what you think about this ? how much time beginners should pass in demo ?

Trading as a business

80% of new businesses fail in first 18 months
90% of new businesses fail in first 5 years

and according to Inc. magazine,
96% fail within first 10 years.