This is the whole point.
It is not just a question of whether the failure rate is 90%, 95% or even higher. The real question we need to ask ourselves is: Is it relevant to me?
The more these high percentages are thrown around the greater the stigma attached to them and the greater the fear that it instils in newcomers.
As FF writes in her excellent post above (somewhere), there are many reasons why traders drop out after a short time. But are these really all so relevant? Do we really need to place such a great emphasis on these percentages?
We could draw a similar conclusion if we consider playing the piano (for example). I am sure that most kids at some stage take music lessons and learn some rudiments of playing keyboards. But we could be dramatic and claim that: [U][B][I]" Did you know that up to 99% of all people starting piano playing fail to become concert pianists! In fact the vast majority don’t even reach the stage of playing for their own entertainment!!!".
[/I][/B][/U]But does this mean that piano playing is so complex that hardly anyone is capable of mastering it? I am sure if PMH is nearby he would confirm that playing an instrument demands a lot of practice and theory but that it is certainly within the capabilites of the majority of people to reach a personally satisfactory level if they are genuinely interested and prepared to put in the effort - even if they don’t ever become professionals.
Rather than dwelling on the size of the crowds that give up for whatever reasons, it is far more beneficial just to concentrate on one’s own education and practice and see how trading is suited for oneself - surely that is all that really matters?