Who are those 5% successful traders?

who are you bro ? !! :smiley:
lol thats creepy

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Thatā€™s cool. You should pin these posts.

What does this mean? If 95% of traders lose their money, then the rest 5% are those who make all the money on forex, arenā€™t they? Or am I not getting it right?

This often discussed 95% losers/5% winners topic is only concerned with the so-called retail traders sector, ie mainly private individuals trading small accounts via a forex broker. It is not concerned with the interbank and commercial forex markets.

Your claim would be true(ish) if this retail market was a closed environment with traders trading directly with each other and where one traderā€™s loss would be another traderā€™s gain. But this is not so. The counterparty to all retail trades is the broker (or via the broker to LPā€™s). And so the losses of that 95% are gains to the broker/interbank sector, not the remaining 5%.

If you like, take 100 retail traders to a roulette wheel, 95 of them lose their money - who has their money? not the other 5ā€¦

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Itā€™s hard to say who are these 5% of lucky ones. I think these people donā€™t waste their time on forums and donā€™t share their secrets. Instead they just make a bunch of money quietly.