I don’t think that the 90 to 95 percent ratio is completely correct. You can look on Interactive Brokers website and find out how many of their retail traders are making money quarter to quarter. I think when I have looked at it in the past, it has been about 40 percent that were making money. Now, these are the more serious traders that have 10000 dollar or more accounts. There are so many casinos out there. They are designed such that you will lose. Yet, people go to them. It makes no sense to me, but I guess it is just a cost of entertainment for some people. The reality is that you can make money consistently trading. It can take a lot of time to start doing it. Think of it this way. If you feel like you are trading like you are a master card counter at the casino, (which will get you kicked out of the casino), you are probably doing something right trading. If you feel like you are trading like you are high stakes gambling at the roulette wheel, then, you should probably go down to the casino and just give them your money as an entertainment cost.
these are well funded, experienced traders, way above average
this figure does not apply to normal retail brokers at all
Interactive Brokers is a different market and a different kind of market completely, those are traders in the interbank market
“So if 90-95% of traders are losing money why do we still trade?”
Because 5-10% make money.
Agreed. My point was that traders can make money trading. The more knowledgeable traders with a decent amount of capital who become serious about trading have a much higher probability of making money trading.
yes, i agree
they are a tiny minority, tho - unfortunately, so the success rates are very low
Not helped by the fact that most ‘new’ interested retail traders are plain lazy, under capitalized, inexperienced, don’t understand basic statistics, can’t manage data sets in databases, can’t think logically and rationally and to top it all off are emotionally unstable with not enough free time to even consider learning enough to become successful.
It’s actually cringeworthy reading some of the questions here which essentially shout from the rooftops “I don’t have what it takes, but hey I’ll give it a go” - and then you have the opposite side of the same coin; reading hyped up BS statements from apparent professionals who are actually being pretentious vendors.
Your English much better than mine, but you speak for me also, thank you
this is not how i remember the Babypips forum from long ago when i was here, things changed a lot and not for better unfortunately
That’s the general consensus of opinion, for sure.
To be fair it’s not much different in ET, either.
He’s probably too busy phoning home to know what’s going on in his forum, though.
Haha, fantastic 
Should have seen that coming
And, just for the record, I’m not ‘inside’ ET, either
I think if some one is more in loss she should not continue this business. He can do more practice for success . I am not with those who are loosing all the time as people say 90% are looser. Winner not means high profits every time. If one is growing his capital he is good in trading.
we trade because we are the 5%
Seriously though the stat is 90 to 95% of traders blow an account or lose money At first
Eventually anyone can learn to trade and be consistently profitable but it takes hard work and it takes a strong mind so do not overlook psychology. If you do you are doomed to failure. Honestly there are no exceptions to this and it took me a long time to realize.
Trading have almost 5% people who are successful. Rest 95% choose to drop it in the frst phase or the second phase of learning and experience.
So if you have made it to the third and fourth by hard work and practice you are on the right path. Not everyone is successful but hardwork and dedication will get us there. No doubt on that. We all are here to earn more than loosing.
Hey J, I would like to add, a person has to really have a “Trader Life” mentality, and love it. If knowledge is power in life, it is the life blood of trading. Traders have to know whats going on, a trader cannot just open the charts and say “ok ready set trade” because “TRO says so”.
Now I can tell who knows this just by their posts, JK is one and there are others, but most cannot adapt to the fact that you have to be “present” and “invested” mentally, and intellectually to a very high degree. For most they never get to the point where "a trade is just a trade’.
The Ever “Adapting What Is Useful, Rejecting What Is Useless, And Adding What Is Specifically My Own” VIPER
And let’s not forget commitment, dedication, persistence, patience, inquisitiveness, positive-mindedness, conviction, stubbornness, humility, flexibility, addiction to BP…well maybe that last one is an optional 
If so many people are fail here then who is making profit . I own that loss ratio is very high in forex trading . It is your personal decision you want to be connected to this market or leave it. I would leave if loose much amount not wait for years to waste my investment.
It’s easy, bro. Because for somebody trading is hobby, like casino. But you can know and guys, who wanna make big money here, and only 10-15% will MAKE.
You can see the same story in every sph of life
I would question all these statistics. How is winning measured? If it’s only by profits, than your restricting an entire avenue of thought.
“Some people win by losing.” - Ed Seykota
So if losers make up the 90%, perhaps they are winners as they are achieving what they desire from the markets. The attention/action junkie could get a great kick from losing his portfolio. The naive women who victimises herself perhaps takes pleasure in the brokerage house screwing her. (Usually subconsciously)
I’m just trying to express that everything is not so black & white.
Peace
Please work on your English. (No offence) Where do you get these statistics from? 10-15% will make? Make what exactly? And again how is that even measured?
Peace and love.
- Adam