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95% of FX Traders Lose, Yet Everyone Wins on Social Media- Truth?

  • #21
  • Apr 7, 2026 1:13pm Apr 7, 2026 1:13pm
Perhaps one of the most important aspects is filtering out the noise.
The larger the timeframe, the better the noise can be filtered out.
For example, it is advisable to trade in a timeframe where the impact of macroeconomic news does not wipe out our account.
  • #22
  • Apr 7, 2026 1:20pm Apr 7, 2026 1:20pm
Quoting tiborf71
Perhaps one of the most important aspects is filtering out the noise. The larger the timeframe, the better the noise can be filtered out. For example, it is advisable to trade in a timeframe where the impact of macroeconomic news does not wipe out our account.
I think that’s a sharp point, and it cuts right into the heart of why so many retail traders get chewed up. Noise is the silent killer in this game. We chase every candle, every headline, and before we know it, our emotions are trading the chart instead of our discipline. Larger timeframes do help filter out the chaos, but the real edge comes when we accept that we don’t need to react to every tick.
For Gold, NY session offers superior tradability compared to London.
  • #23
  • Apr 8, 2026 1:51am Apr 8, 2026 1:51am
Quoting Newtrader025
So here’s what I’m trying to understand:
- Are we simply looking at survivorship bias and clever marketing?
- Or is there something deeper in the way traders curate their online image versus their actual results?
A bit of both, I think. There are some profitable traders online and YouTube but their content is raw, unpolished and not full of any highlights, i.e. they never mention how much they win / lose. They have a very low but loyal following both on and off social media. Non-professionals would find their content dull and boring.

The "influencer gurus" with the polished content that contain nothing but highlight reels (all wins, very few losses, "how I made 100K this week") are the ones who newbies gravitate to. In other words, newbies can't separate good info from bad and tend to go to whoever is the loudest and most attention seeking.

Quoting Newtrader025
Most importantly, how do experienced traders filter the noise and identify insights that are genuinely worth paying attention to?
I personally have a group of experienced pros that I have daily conversations with. Our processes and analysis methodologies are complementary to one another. Other than that, my insights come from when I deep-dive into specific historical price movements or key events like the dot com bubble, GFC, Euro debt crisis, the Asian financial crisis, Michael Saylor's MSTR-to-BTC ATM flywheel etc.

In addition to the above, I tend to get new insights from my daily process, e.g. when I get stumped and have no idea what is happening in the market, I'll analyze and re-analyze using multiple methods until the pieces fall into place, I then integrate the new learnings into the process.

After 18+ years, the new insights don't come as often now as they used to.

Quoting Newtrader025
I’d love to hear from those who’ve been in the markets long enough to see through the shine. How do you cut through the polished success stories and focus on what truly matters for long-term growth?
Simple, pros (at least the ones I know and follow) obsess over one thing: what is institutional capital doing and where is it misplaced and / or offsides?

This is where the greatest opportunities are. All the polished content and success stories never talk about institutional capital so it naturally gets filtered out and ignored.
  • #24
  • Apr 14, 2026 1:23am Apr 14, 2026 1:23am
Quoting Newtrader025
It’s no secret that 90-95% of retail Forex traders eventually lose money. Yet, scroll through social media and you’ll see the exact opposite story-feeds overflowing with “consistent profits,” “winning strategies,” and the dream of financial freedom. This contradiction raises a bigger issue than just hype. For newcomers, the constant stream of quick‑success stories creates a dangerous illusion. Many start their journey chasing fast money instead of building discipline, risk management, and patience. In other words, they begin trading with the...
Over time, I’ve learned to ignore outcomes and focus on process: risk management, consistency, and how traders handle losses. Anyone only showing wins is usually not telling the full story.
  • #25
  • Apr 19, 2026 3:18am Apr 19, 2026 3:18am
Quoting hasan221
{quote} Over time, I’ve learned to ignore outcomes and focus on process: risk management, consistency, and how traders handle losses. Anyone only showing wins is usually not telling the full story.
Your insight is good, profitable traders don't brag.
  • #26
  • Apr 20, 2026 4:41pm Apr 20, 2026 4:41pm
I find all your responses interesting, based on majority of the responses , you have all outlined one common factor .New traders focus outward . They follow the reels , they look for the course, programs , whatever is flashy and exciting that's what they gravitates towards.
After suffering enough that's when the shift happens. They no longer care what's happening online and finally focus on building their systems. Expecting a new trader to filter the noise is extremely difficult, they have no quality research to rely on and where the quality information is shared they don't look since it is in the background overshadowed by the gurus.
  • #27
  • Apr 21, 2026 3:33am Apr 21, 2026 3:33am
Quoting Mikejr
I find all your responses interesting, based on majority of the responses , you have all outlined one common factor .New traders focus outward . They follow the reels , they look for the course, programs , whatever is flashy and exciting that's what they gravitates towards. After suffering enough that's when the shift happens. They no longer care what's happening online and finally focus on building their systems. Expecting a new trader to filter the noise is extremely difficult, they have no quality research to rely on and where the quality information...
You have described very well the path that almost every trader has already taken.
  • #28
  • Last Post: Apr 25, 2026 2:21am Apr 25, 2026 2:21am
Quoting Mikejr
I find all your responses interesting, based on majority of the responses , you have all outlined one common factor .New traders focus outward . They follow the reels , they look for the course, programs , whatever is flashy and exciting that's what they gravitates towards. After suffering enough that's when the shift happens. They no longer care what's happening online and finally focus on building their systems. Expecting a new trader to filter the noise is extremely difficult, they have no quality research to rely on and where the quality information...
You’ve made a very strong point here. Social media and flashy Forex marketers paint trading as something easy- and that’s exactly why new traders enter the industry chasing quick success. But the reality is this: Forex trading is one of the toughest professions in the world. There’s no way to become a consistent trader with average effort. It demands discipline, patience, and relentless work- anything less, and the market will expose you.
For Gold, NY session offers superior tradability compared to London.
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