90% of traders lose money?

I think that’s about accurate. Accurate statistic. Because a large portion of traders who lose their money, get disappointed when losing their money and without trying to figure out why leave with nothing.

people need experience and skill not to get loss in FX, go to the library and borrow some books. 99% of anything you read online will be biased towards getting you to buy some forex product or service, such as creating an account on a trading platform.

The easiest and the most effective way for gaining knowledge on Forex is reading many Forex tutorials and trading on demo account. Reading will help you to get the basic knowledge on Forex, and trying on Demo accounts will help you to practice your knowledge. Nowadays there are thousands of tutorials, and many brokers who offer trading on demo accounts.

May be 95% lose because they morons!
Id say most lose because they have no system that is reliable . it takes a long time to develop and think through.

Its about concept and how fast it takes you to come to the conceptual change. The market is a puzzle . it can be adapted to.

Indicators don’t adapt. System need to adapt based on market movement and you have to adjust to that movement.

I don’t believe this statistic, but it’s true maximum retail Forex traders are loser! On the other hand, professional Forex traders who are making huge amount of money here they are silent! Day by day the popularity of Forex business has been increasing very rapidly in all over the world, because of it’s earning possibilities!

90 % is on the low side, unless you are talking about people who sign up for a few days and then leave. It’s well over 99 % in the long run. Most people who claim to win on these forums are lying. Look at the systems they talk about; it’s mainly “technical analysis”, which is just as effective as astrology.

If you complain that it doesn’t work, forum posters will say you just need to study more. Study what? It doesn’t matter how much you study astrology, it doesn’t make the predictions any better. It’s the same with forex.

Yes… From this forum someone did try to sell some systems… I say it lag…back test is forever perfect, I’m not interested in back test… I want now right now the moving price now what going to happen next… He say need to study… Lol… I just show him 1 photo a naked chart… I say if u can tell mi the system will tell mi what going to happen nx the price b up or down which all trader also want to kn I buy it…after tat no more reply


Mostly traders in particularly the newcomers fail due to discipline.

Discipline for risk management. but mainly traders fail as they don’t have the right education and have a million indicators about price action itself. One aspect/one context of a trade. That’s the scam. Stochs ,macd,fibs,gann, momentum , are all about price action meaning price going up or down. Think about it properly they tell you nothing of worth.

But even hardcore discipline people with risk management skills only can make some money in Forex. But with bad educating people give up as its all too hard. (and it is)

There are actually 2 problems. First of all, it is about people worrying too much about these percentages. 2nd, it is short cut that are preferred; hence, it is obvious that losses will be common! So, these are things that lead to all the trouble, if we clear our mind and work with discipline, it might not make us successful straight away, but eventually we will be in healthy position, but too tough to explain all this to newbies.

Trading is not fun for me because i must say that we have to become serious if we have to earn something, because in business you have to be a professional businessman so if you want to become a professional trader you must have to be serious about the trading so i can not do it for the fun. i just accept it as a profession so i have to be professonal. What you think?

Absolutely, everyone wants to make quick money and for that they prefer short-cuts. But forex is not at all a get rich quick business. Uniformity and discipline is must. Proper risk management techniques and learning about working of the market is essential. Along with high probability of making money, loses can also be there but with continuity and right approach one can aim ahead and become successful trader.

Why would you want to know if 90% are losers ?

Don’t be discouraged if 95% are losers and only 5% are winners. In those 5% there could be thousands if not millions of people. Everyone who goes to university and earns an IT degree can’t start a successful start up and be in the top 1%. Life is unfair. Same with trading what makes you think everyone who “tries” will be successful you to try harder. But a lot of variables will depend on you.

We must try to find a broker which has normal trading conditions and i think loosing is just a probability so is winning.

This statistics doesn’t look surprising taking into account the fact that 90% of traders are beginners who treat Forex as a source of easy money. So yeah, I’m not surprised at all. Newbies must understand that Forex is not about luck or intuition; it all comes down to persistent learning, practicing, and gaining experience.

90% loser, containing
new trader,
Revenge trader,
Emotion trader,
Place trade n forget trader,
Ego trader,
nervous trader,
Rely too much on indicator traders,
Blur traders,
Rely on luck traders,

So I think it contains of all this kind of traders. Sad to say… We r human… All of us hv abit of this and that. Forex is long term business. Have to Mantain it slowly n constancy. If any trader think it’s fast earning machine, I suggest casino is much better place . Free drink sometime free food somemore… Forex is unpredictable expecally when news going to b release. Indicater is lagging…it super perfect when back test… And It provides alot of signals and tat true. But… U get the signal when real price is going far away from u… So to b one of the 10% winner… It really not easy… Beside discipline, practice, experience n emotional control is v important. Just this few things, it easy to say than done. But at list we try. That y in Babypips here, all traders is helping one another. Like mi… I’m not the best, I’m one of the Iousy… need help n advise from other traders too. That where we learn, we control, we analyze, we try n error. Used to rely alot on indicator but now non indicater. B4 he or she become a real retail trader, he must know himself v well, what kind of trader he or she want to be. Long term? Short term? Scalper? Price reverse traders? From there then chose the best strategy that suit him. N don’t keep changing strategy, cos will get confused, hv confident. Learn price action, it help. Trade wisely.

A number of novice traders start their trading with a wrong mentality, yes they want to earn huge amount of money automatically! As a result, they start their trading with huge damages and then leave! But I see, pro traders are very silent here! I am not sure about this popular statistic; but I believe knowledgeable traders can make money here quite comfortably!

Huge damages… That was so call money… Nobody pointed a gun on their head to tell them to trade with so much amount. It the same as putting all eggs in one basket… Y don’t they think of trade abit by abit n add up will b alot too… Just do more trade will do… Add all the pips up together it means alot… Trading need patient… Even trading for breakout… Alot traders when see breakout they straight away got nervous, quickly place a trade but who know prices went against them… N stop them out. Don’t b nervous when trading. Just relax, as even for break out price will always pull back. Below is a example of my trading platform which happens just now, just wait to yr the price to go up to the max. It will stay on the tip top for awhile. Than it b a great time to place trade. Don’t b greedy don’t throw huge amount don trade to large size… Bit by bit alot means so much.


I can’t say that exactly this percentage of traders loses money, but judging by myself, at the beginning I drained a lot, I started trading in the plus after six months or more, so maybe this statistics is really truthful, it’s just that not everyone can hang in there long enough.

You will NEVER find a PERFECT broker. Everyone has its flaws and advantages. As far as I know scalpers and pipsers are always unhappy. They always сomplane that fulfillment is bad.

Erm…not all…I’m a scalper…and I’m happy with my result.just that I want to know what strategy other trader using.n I can learn more about it

Whether you’re a successfull trader or not, there will still be unlucky deals and I can’t agree with those who say that they trade without drawdowns completely, that means they don’t trade at all.