yes it is , very complicated issue this is , we fail from there but again trade in there , actually Forex is an addiction.
and there is a journal on a 90% win rate. https://www.elitetrader.com/et/threads/journal-of-a-90-win-rate-trader.363602/
The percentage is debatable, and it varies. Maybe, it is around 96%. Whatever be the case, one thing is for certain: a lot of traders lose money in forex trading. They mostly fail because of greed and an unrealistic approach of the market.
What is clear is the majority number of traders should lose to keep the markets running. Otherwise, the markets cannot exist.
If majority of traders made large profits they would licence and regulate trading and up tax rates. Its only because the vast majority of traders lose, they make it so easy for anyone to open a trading account.
Perhaps the answer to this question should have three components instead of two. Rather than: ~ 90% lose ~ 10% win Instead: ~90% lose ~9% earn a small or modest amount of money during the current year ~1% or less earn an amount equivalent to a middleclass salary or better I suspect that the latter scenario is closest to reality.
Strategies that didn’t work in the beginning might work later in your career. It’s not just about the right strategy but also about using it at the right time in the right trade. PS: Traders who don’t understand this are those who make 90% of the failing forex traders.