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Joined Mar 2016
|641 Posts
after some days most of the people will say in forum and their social site , "passed a losing year" by Forex market , every year at the end of the time i have been seeing this status. feeling funny.
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.
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say for the last 3 months did you 1) lose money No 2)make money Yes and in your opinion, do you agree that the only side who makes money on forex is FX companies themselfs, and of course Interbanks. No I disagree..
Also it is more like 95% of traders lose money or are break even (more or less) in 5 years or less. Most businesses fail within 5 years of starting. Trading in Forex is a business.
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Joined Jul 2020
|131 Posts
I don't think there is exact data. But for the long term olny 5% to 10% people can consistent profit over the years. Rest are losers or occasionally make some money and then lose it.
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Joined Apr 2020
|370 Posts
Forex is dynamic and unpredictable. It's next to impossible for anyone to make profits all the time. There is an element of risk involved in trading, sometimes so much so that it is inevitable. Successful trading is all about minimizing the risk and learning to increase the possibility of winning.
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Joined Jul 2020
|133 Posts
Lose is a common thing in the forex market. If you wan t to deal with the losses you have to be very careful. You have to make a solid plan to make deal with the losses.
{quote} at IG only 75% are losing money but you need big balance to open an account at IG, which is why their stats are better
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Still they don't disclose the timeframe they used. For example if we choose sample of traders who continued to trade for 1 year (be active for one year), the ratio of winners to losers should be higher since it's reasonable to expect that the share of losers who lost, refilled deposit, again lost ...etc. declines as the time goes. But for 2-3 month the share of traders who lost should be much higher.
Forex is dynamic and unpredictable. It's next to impossible for anyone to make profits all the time. There is an element of risk involved in trading, sometimes so much so that it is inevitable. Successful trading is all about minimizing the risk and learning to increase the possibility of winning.
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Forex is unpredictable there is no way to deny , there is no one who can predict the real faction of this market place with certainly. but if you can make sure all inevitable part of tradings , then you can bring good profit.
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Joined Aug 2020
|109 Posts
Yes, this is exactly 90% of the trader's loss. But if they think positively and focus on trading education with patience, they can develop into a profitable trader. The more research and information you collect, the more accurate the trading analysis will be. So first you have to learn to trade.
Yes, this is exactly 90% of the trader's loss. But if they think positively and focus on trading education with patience, they can develop into a profitable trader. The more research and information you collect, the more accurate the trading analysis will be. So first you have to learn to trade.
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Joined Mar 2016
|641 Posts
losses money is a very common thing but generally we the traders cant take losses easily , actually the percentage of losses are so many and which is most accurate its very difficult to make sure , 90% percentage i have been seeing from my childhood , honestly speaking.
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Joined Apr 2020
|370 Posts
Yes, some even say that this number goes as far as 99% to 1%. I think it may have started as a warning to newcomers so that they may take trading seriously and eventually became a catch-phrase.
90% of traders lose money! True or False?
