agree. sometimes market moves at random and there is no one who can predict the real faction of this market with certainly.
Right! They are eager to make money without understanding the nuts and bolts of trading. Completing your forex education should be the first task of a new trader.
The losing percentage that you have been talking about is not of the traders, rather gamblers who didn’t get easy money in the market. Serious traders are still in the market working hard to make their strategies work.
This is quite the statement that I can associate with. Surely there have been increasing number of new traders who are not very well verse with trading, and they jump right in to make quick bucks, only to result in losing the funds.
good traders always try to develop their trading strategies time to time , otherwise it will not work.
Not sure about whether it’s 90% or not. But a significant number of traders lose money. The cause of the failure is stupidity, lack of emotions, and poor trading knowledge.
In fact, the losers in Forex are 99%. I have had the opportunity to see the trading accounts of over 1000 traders over the last 10-12 years. All traders lost, 1-2 traders remained to trade.
how you can make sure that 99% traders of this market place are loser ? any official prove or any thing ?
Why is the exact percentage important? If you're a professional trader, or even if not, you should be happy that 90%+ lose money, because those are the ones you are competing with when you trade. For every dollar one trader makes, somebody has to lose one. Traders are simply trying to take each other's money. That's what trading is.
exact percentage is of course important , because everyone deserve this and incorrect percentage can make trades confuse about this market place. this sign is not good at all.