90% of traders lose money? - Page 16
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  1. #151
    Join Date
    Mar 2017
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    10
    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.

  2. #152
    Join Date
    Apr 2017
    Posts
    17
    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!

  3. #153
    Join Date
    Apr 2017
    Posts
    6
    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.

  4. #154
    Join Date
    Aug 2015
    Location
    Singapore
    Posts
    201
    Quote Originally Posted by BillGatesJr View Post
    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 Name:  IMG_20170412_091646.jpg
Views: 7
Size:  28.8 KB

  5. #155
    Join Date
    Mar 2017
    Posts
    10
    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)

  6. #156
    Join Date
    Feb 2017
    Posts
    62
    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.

  7. #157
    Join Date
    May 2017
    Posts
    19
    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?

  8. #158
    Join Date
    Apr 2017
    Posts
    10
    Quote Originally Posted by AnwarRiyad View Post
    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.
    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.

  9. #159
    Join Date
    Dec 2013
    Location
    Over the moon
    Posts
    833
    Quote Originally Posted by 4xkiller View Post
    I've been reading and it even states here on babypips that 90% of traders lose money? is this true? How can you measure that? any light on this subject would be a great help
    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.

  10. #160
    Join Date
    May 2017
    Posts
    19
    We must try to find a broker which has normal trading conditions and i think loosing is just a probability so is winning.

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