The numbers on the ratio of losers and winners. in fact, nothing is for sure. But overall, in my experience it is approximate. Because, the nature of a trader is not a school
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Traders join in Forex trading with a huge expectations but when they face the reality of Forex; then they lose their momentum as well!
I see! Perhaps if you weren't so quick to block people on your threads and actually listen to what they have to say, you just might find out they know enough about trading to be of help to you.
{quote} Which is more reason why there's more against the retail trader than simply being misinformed. Although this thread isn't about brokers, I didn't really know spreads are better in the retail sector, not that it matters anyway since supposedly "95" percent lose. Honestly I wouldn't be surprised if the number is higher. Those that have made consistent profits are traders who have learned to adapt their strategy to market conditions or have inside information.
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Is there any evidence to prove that ANY retail trader has EVER been consistently profitable over 5 - 10 years?
And if so, how profitable - did they still need to keep the day job and have 'alternative income streams'?
I haven't seen any evidence, ever, of a person earning a living from trading forex. Not once. Ever.
Honestly, I have not seen a single trader in my career who didn’t make huge losses. And there’s nothing very surprising about this because that’s how the game works. You sometimes lose more than you win but if the value of profits is more than your losses, you are doing well.
Honestly, I have not seen a single trader in my career who didn’t make huge losses. And there’s nothing very surprising about this because that’s how the game works. You sometimes lose more than you win but if the value of profits is more than your losses, you are doing well.
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yes , but after having a huge losses that is really difficult to keep control emotions , most of the traders trade over and over after making losses . due to this habit they lost almost whole equity.
{quote} Is there any evidence to prove that ANY retail trader has EVER been consistently profitable over 5 - 10 years? And if so, how profitable - did they still need to keep the day job and have 'alternative income streams'? I haven't seen any evidence, ever, of a person earning a living from trading forex. Not once. Ever.
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You did not even search. Should they write emails to you about how successful they are?
Anyway, I saw successful traders, but they usually keep a low profile.
