Because there are very few people who become successful traders. Most of the traders enter the market but fail to earn any profits. In fact they even lose what they had initially.
Yes, many traders fail in forex trading. Only a small minority of the traders consistently make money in the forex market. There are many reasons why traders fail. Mostly, it’s because of a lack of trading skills. Don’t think that trading in the forex market is easy, give all your efforts if you want to achieve success in trading.
This debate can never end! The percentage of traders who lose money varies from year to year. But one thing is for certain: the high risk associated with trading. As a trader, you should keep note of this and take the right measures to minimize risks.
yes said exactly , this debate can never end at all. but majority really losers from this volatile trading place.
the failure rate is really a complicated issue , because there is no authorize organization which announce the success and failure rate. thank you
Actually, UK brokers are compelled by their regulator to display the percentages of their clients who are losing money trading through them. I think the same applies in the EU. These numbers are typically 70-80%.
Not sure about the number! But more than 90% of the traders fail in forex trading. Most of them fail because of poor trading habits and bad trading psychology. Not sure about the number! But more than 90% of the traders fail in forex trading. Most of them fail because of poor trading habits and bad trading psychology.
I don’t know if it’s the right percentage or not but certainly there are more failures than successful traders in the market. Trading can be highly risky if you don’t step into the market with proper education. Therefore, if you don’t want to be among losers, learn as much as you can.