90% loser . it is true ?

[lioneld]

Different statistics say different things, but there is the opinion that 90% of traders drain their deposit.

Whatever, it is mate! I think, maximum traders are unable to make consistent profit here! What do you think actually?

 

[LorrainMor]

We all have come to this world platform with a common objective of generating profit. But we can’t deny the importance of positive attitude here. I don’t believe in numerical figure of loss. I don’t think 90% people are losers. Rather there are many successful traders who are acting here as pioneer. Instead of becoming pessimistic with the numerical figure of failures we should try to observe the winning attitude of successful pro traders.

 

[Fx Master]

Losing money is a regular part of Forex trading . there is none who can avoid loss completely from here in spite of good trading knowledge . but by taking some major steps loss can be reduced of course. Behind the losses the main reason is emotions that cannot avoid the traders especially the new Forex traders.

 

[The trader]

every trading system is a losing approach if you dont know how to manage risk when trading in practical.

 

[sininfinity]

There are several numbers like 80%, 85%, 90% or 95%. Different people use different numbers. The thing is there is a large % of people who lose money.

 

[Oscar Shumack]

Loss is a common thing in this market. You need proper plan to reduce your losses.

 

[eddiereich]

Managing your loss in forex is the most important thing to get right when you are trading. The reason most people lose money is that they don't manage their loss correctly.

 

[David Marco]

Most traders lose their money because of their low knowledge.

 

[Direbringer]

These numbers are pretty categorical I think. Of course there is a percent of traders who lose their money and leave trading activity and never come back to it. However, this percentage is much less I guess. For about 30% of traders who have decided to start trading career, leave trading because of losing all their accumulations. Anyway, traders shouldn't follow the sample of such traders, they should understand that they have to follow successful traders in order to become successful in trading too. There is a quote of one of the great investors, which sounds like "surround yourself with four fools and you will be the fifth one, surround yourself with four genuises and you will be the fifth one". Always try to follow this quote and understand that you should follow the best.

 

[Alicia Lynch]

7 issues should be given the highest priority in trading. Accept responsibility, Stop trading, Have a plan, Make a better plan, Put your loss in perspective, Be inspired, Get back in the game. Gives an example of when you need to stop trading and relax when the consistent loss is complete. It relaxes the mind and increases interest in work. If this issue is maintained, there is no possibility of a 90% loss to the trader.

 

[Eduardo Lucchese]

Most traders lose their money because of the wrong strategy.

 

[lynnsandoval]

90% is very hypothetical. Yes, traders do lose money while trading, but there are many who make huge profits as well. Plenty of reasons are involved when a trader loses money, like lack of knowledge, lack of patience, overconfidence, not conducting technical analysis, not following the trend, and so forth. So, instead of losing and contributing to the league of 90%, try to concentrate on these factors.

 

[Alexander Hudson]

Most traders fail to succeed because of their low knowledge.

 

[dougbennett]

The exact percentage of how much people lose money in trading is debated the most, but what is certain is that a significant number of traders lose money in trading.

 

[Kazumu Fukunaga]

Making profit by forex trading is possible but it requires a lot of knowledge and skills. If a person is not willing to dedicate himself in developing skills he should not come into forex trading.

 

[Kevin Vogt]

When dealing with forex the market is a place where people are greedy, in no other industry don't expect to turn 100$ into $200dollars overnight. Due to this, they do not become successful traders.

 

[bulltrader]

There is nothing wrong if someone loses in forex, of someone is loosinng then other is making profit but the fact is that one must take the losses in a positive side as this is the only way to move forward.

 

[Gito Dinev]

That's true. This happens due to inexperience and, as a result, the inability to read the market correctly.

 

[Hoosegow]

Losses give a trader the experience they need to understand what works and what doesn’t, the patience to know the difference, and the self-control not to give up.

 

[Andrew McCalam]

the traders who have to control to their emotions they become loser from this trading place which is very clear issue.