People say 90% of the traders is failure in this market. What do you think of the possible reason behind this?
Instead of worrying about other peoples' failure, why don't you pay attention to your own first? As for you, do you have an "edge"? Do you know your R:R for every trade? Do you know when the market is overbought or oversold, etc etc?
90/90/90 rule. 90% of traders loose 90% within 90 days. Having a sound strategy, which requires market understanding and some experience new traders do not have. Also in contrast to SP500 Buyandhold does not work in FX. So just going long does not do the trick to be profitable in FX. Also having access to very high leverage is only favorable for very experienced traders, because as a new trader you can only ruin yourself with high leverage. Poor Risk Management Not Adapting to Market Conditions Expectations & Lack of Guidance Insufficient Capital Trading Addiction Not Following a Trading Plan Overtrading https://www.theforexguy.com/reasons-for-forex-trading-failure/
%% Dont know but some did well in RE; + amazing such nonrandom losses in stocks 1st year LOL, never had time for it Don Bright Daytrading Co noted it was so unregulated ; but that is just a daytrade co. I WONDER why all 90% dont start a bank/ I mean the bank did fine profits lending for RE??
I suspect many fail, because they can't think beyond the broker's platform and all the bells and whistles that come with it. As long as they stay myopically focused on the aforementioned, many will continue to fail.