90% of traders lose money? - Page 17
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  1. #161
    Join Date
    Apr 2017
    Posts
    12
    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.

  2. #162
    Join Date
    Aug 2015
    Location
    Singapore
    Posts
    201
    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.

  3. #163
    Join Date
    Apr 2017
    Posts
    20
    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!

  4. #164
    Join Date
    Aug 2015
    Location
    Singapore
    Posts
    201
    Quote Originally Posted by LauChoKun View Post
    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. Name:  Screenshot_20170512-215144.jpg
Views: 2
Size:  41.5 KB

  5. #165
    Join Date
    Feb 2017
    Posts
    20
    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.

  6. #166
    Join Date
    May 2017
    Posts
    1
    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.

  7. #167
    Join Date
    Aug 2015
    Location
    Singapore
    Posts
    201
    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

  8. #168
    Join Date
    Sep 2016
    Posts
    36
    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.

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