Research into the profitability of the Retail FX Trader

Hi there, I am undertaking some research at Nottingham Trent University into the profitability of the 'retail FX trader'. The ultimate aim of this is to see if the field of 'serious gaming' can be applied to FX trading, to help increase profitability and reduce risk. As well some fairly detailed computer simulation work, the results of which will be shared early next year, I am looking to gather some information on the way retail traders trade. To do this I have created a short (13 questions) anonymous survey, which will take less than 5 minutes to complete.

If you would like to get involved in the Google Forms survey, you can find it at http://retailfxtrader.com/

Many thanks for your input in advance.
Chris

you have come to the right place, the profitability of ForexFactory members is about 99.7%

I've completed your survey, but have huge misgivings about the results and whether they'll really be significantly indicative of anything much other than self-selection bias.

Other forums where you might try - in case they're not on your list - include trade2win.com (predominantly UK), babypips.com (international but many beginners), elitetrader.com (predominantly US) and possibly futures.io (international but perhaps more currency futures traders there than spot forex traders).

(You presumably already know that your selection-method - from what we can see, here - is heavily biased towards unsuccessful amateur traders?)

Good luck with your research.

Ive got a better idea if you want a general indicator of the results of the average retail FX trader.

Find an equity curve of the currency portion of a managed futures fund. Then exaggerate it to create large unsustainable equity swings to reflect over-leveraged intraday trading.

Im making a serious point. Really.

Thank you to everyone who is responding - please keep it coming. We want to look at a broad range of mesurements of trader profitability as well as looking at how traders trade. If you would like to get involved in the Google Forms survey, you can find it at http://retailfxtrader.com/

Thanks again.

Chris

Just a quick update - we now have over 100 responses to the survey into how FX traders trade, many thanks. The more data we can gather, the better the research, so if you have not taken the survey and have 5 minutes to spare, you input would be very welcome!


http://retailfxtrader.com/

Many thanks again.

Chris

Hi all - we are closing this survey in one weeks time. Many thanks for all the responses so far - if you have not taken the short survey but would still like to, your input would be very welcome. The survey is only 14 questions and is completely anonymous.

http://retailfxtrader.com/

Thanks