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98% loser.. is it true ?

Discussion in 'General Trading Forum' started by Fx Master, Sep 14, 2016.

  1. Fx Master

    Fx Master

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    I am not agreeing at the statistic that 98% are loser in Fx trading. But, the majorities in particularly the newcomers are loser in this market place due to lack of exact trading knowledge. They actually try to make money from here without learning. So, we the traders have to acquire most powerful analyzing trade knowledge by learning first of all, if we can avoid loses in Forex trading.
     
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  3. radex78

    radex78

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    I don't know for sure, but we often reading if more than 90% trader fail in forex, might this statistic issued by broker or company which they monitoring all account from their all client and look if most trader get fail and only small trader can survive and make money
     
  4. radex78

    radex78

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    Maybe many trader fail, and we often hear 90% trader fail and only small percent that able survive, and maybe many beginner fail and this included fail trader, and usually beginner having bad mindset about forex they thinking forex is easy way to making money
     
  5. The trader

    The trader

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    Sorry not agree. Not only good trading knowledge but also due to lack of proper trading plan, money management, trading discipline are responsible for losing in Forex trading. So besides acquiring proper trading knowledge we the traders have to ensure these trading habits.
     
  6. radex78

    radex78

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    I think all trader actually having same opportunity become good and profitable trader, if skill very good and analysis always accurate hence they can make better result in trading forex, but indeed so many trader ever facing with failure in this business
     
  7. Faal

    Faal

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    Don’t need to focus on this statistic, but it’s true maximum retail Forex traders are losers here! Luckily, now I am not losing my money, due to my clear trading knowledge on technical and fundamental analysis! But, that doesn’t mean, I am making here 100% money, but now I can control any kind of bad situation in my live trading!
     
  8. radex78

    radex78

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    Success trader they will never give up although in forex also many talking more than 90% trader losing and fail, but we still look on forex as source income and this is like as challenge business for trader and will learn to make sharp trading analysis
     
  9. bolide

    bolide

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    I think all these statistics are close to the truth, but perhaps it's considered from the general amount of all who've come on forex, and not from those who are left and who trade.
     
  10. kxforexmart

    kxforexmart

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    Its very correct that the majority of the traders are losers because max people just run after the money and pips without getting enough experience and skill and for that they can't be winner
     
  11. Lee Mark

    Lee Mark

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    My suggestion is; if you are a novice trader then just ignores this statistic! Know why? For the reason that, this data will reduce your interest of learning! Just concentrate on your learning and try your best! Definitely, you’ll be successful in near future! Forex is hard but not impossible.
     
  12. The trader

    The trader

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    Reasons why most traders lose in my opinion is emotional making decision. You have to follow a trading plan or system with discipline, otherwise you aren’t allowing your edge to work for you. Without this then any form of trading in this regard is simply gambling. Since it can’t be reproduced reliability.
     
  13. sininfinity

    sininfinity

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    Well the percentage is just a number. It varies from 85% to 99%. Different people say different number. What all those numbers has common is that majority traders suffer loss. And for various reasons.
     
  14. Runo

    Runo

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    It goes without saying, emotions play a large part in trading, especially for newbies. But if you take trading seriously, you should develop some self-discipline.
     
  15. helodear123

    helodear123

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    More than 90% failure stats in forex trading however those who let go these losses and keep moving further really finds their ways to success.
     
  16. lioneld

    lioneld

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    No one can guarantee about this statistic but the thing is, a number of retail Forex traders are the losers! Besides, in everyday a huge number of Forex traders are joining here! By the way, I trade based on technical and fundamental analysis and now I am able to make regular money.
     
  17. radex78

    radex78

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    Retail trader only follow the trend market and they can't making moves of the trend market because only having small capital, but huge trader with huge funds they might can making the market move due they using huge money it can increasing volume transaction demand and supply
     
  18. Tom Latham

    Tom Latham

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    I don’t think small trading capital is a big problem here! If a trader has enough trading knowledge, then he can use maximum opportunities of the market! Problem is, a number of retail traders are trying here without enough knowledge.
     
  19. radex78

    radex78

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    If look many trading result was fail because retail trader they can't control the market, but this will not become big problem when trader able follow the trend market nd able determine good entry and exit point that will become key success in trading forex
     
  20. Svetlana Loboda

    Svetlana Loboda

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    Yes, I agree with your opinion; following the market trend is a very useful trading strategy, but I see; it’s not easy to identify the market trend as always! There have so many confusing patterns; as a result low skilled traders get confused very shortly.
     
  21. LorrainMor

    LorrainMor

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    I can’t agree with you on this basic point. It is never the case that any basic statistic can define the failure number in specific. And such percentage can actually be scary for any beginner. I know that if a trader can adopt proper money administration starting with effective and realistic financial planning and a trader can adopt proper risk management then he can certainly expect to fulfill his trading requirements here.