90% of traders lose money? - Page 4
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  1. #31
    Join Date
    Jul 2012
    Posts
    8
    according to trading buddies on the skype room...they disappeared gradually one after another...so i believe this 90% rule.

  2. #32
    Yes you are right most of the traders are looser. It does not means market is not fair with them they just join forex to make high profits at once ,they are not enough skilled to handle trades ,so they put them self in high risks result is in total loss for them . They can not survive for a long time.

  3. #33
    Join Date
    Mar 2015
    Posts
    240
    Quote Originally Posted by UMOFX AIR View Post
    Yes you are right most of the traders are looser. It does not means market is not fair with them they just join forex to make high profits at once ,they are not enough skilled to handle trades ,so they put them self in high risks result is in total loss for them . They can not survive for a long time.
    Its reality that was happened in forex business where almost new trader get fails and fails at initially join this business , no other reason except they not know the rule of business risk concept while they has know forex investment business is the investment business type that will bring the richeness of every people who join in that field . But actually they have wrong mindset about that

  4. #34
    Join Date
    Feb 2007
    Posts
    19
    Forex trading is a skill that takes time to practice.
    Most traders do not have the experience and skill to trade and therefore loses money.

  5. #35
    Join Date
    Jan 2015
    Posts
    28
    20-80 rule tell us that only small part could success in any industry, become top 20% is the power of development. If you always keep learning, willing to share and keep update mind, maybe you will find you are one of the yop 20%.

  6. #36
    Join Date
    Feb 2007
    Posts
    19
    It is really not easy to be in the top 20.
    I had demo traded before and lose money, in spite of having read through the candlestick part of the school.

  7. #37
    Join Date
    Mar 2015
    Posts
    104
    If you are willing to learn and have the patience to do this then you will become profitable, if you seek quick profits then sooner or later you will lose your money.

  8. #38
    Join Date
    Mar 2014
    Posts
    376
    Well, It's true most traders don't make it and do lose money. Should you throw in the towel and quit because of that? To me no! not at all! But that is up to you, if your not willing to spend money to make money than this is not the market for you. but i look at all the money lost as tuition for school like. Everytime I lose, I LEARN! Learn from the school here, get a grip on trading, open a DEMO account ( FREE with fake money but you can trade on it to see what the market is like) and trade. If you like it, continue and demo for months and get a strong grip before you go live. Once you do go live, Use micro lots so you don't risk much money. 90% lose 10% make it, So being in that 10% means dedication and a strong stomach for some points in all honesty. But if you can do it, You'll be happy you did! Never give up because someone threw the numbers at you, everything is free the info you need to get going, opening a demo account to start demo trading, all free to get you started, the only thing you lose to start is some time!

    Best of luck

    Jason

  9. #39
    Join Date
    Mar 2015
    Location
    Brisbane, Australia
    Posts
    37
    It is really true that here 90% of traders are not successful. Moreover i think more than 90% of Forex traders are not successful in FOREX TRADING MARKET. Because Forex trading market goes against the human sentiment. So every trader should be out of his individual sentiment if he wants to be a professional trader in Forex trading market.

  10. #40
    Join Date
    Mar 2015
    Posts
    240
    Quote Originally Posted by james martin View Post
    It is really true that here 90% of traders are not successful. Moreover i think more than 90% of Forex traders are not successful in FOREX TRADING MARKET. Because Forex trading market goes against the human sentiment. So every trader should be out of his individual sentiment if he wants to be a professional trader in Forex trading market.
    You are right , even the trader who has been sucessful trader has possibility to loss again and will add the percentage of 90% trader lose money , while for trader not successful find hard to not part of lose money traders

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