90% failing rate , its true ?

Discussion in 'Forex' started by Ahmed Solaiman, Aug 5, 2020.

  1. That’s right; new traders need to focus on only their learning process! Forex trading is difficult, but it’s not impossible!
     
    #271     Jun 21, 2022
  2. the failure rate is very complicated issue in there because no institutional industry make sure that rate. traders said that issue according to their own experience.
     
    #272     Jun 21, 2022
  3. FahadMd

    FahadMd

    agree with you . i dont believe at any statistic who gave any guy.
     
    #273     Jun 22, 2022
  4. Yes, a high number of traders fail. But should that statistic affect you? No, you’re trading your own account. If you trade diligently, then you will see the results.
     
    #274     Jul 6, 2022
  5. One should focus on their own trades and not worry about the statistics. They only make a trader fearful.
     
    #275     Jul 7, 2022
  6. agree with you .
     
    #276     Jul 20, 2022
  7. I think Risk management should be as important to traders as formulating a strategy or stats.
     
    #277     Jul 20, 2022
  8. but sometimes risk management works to fail , because market is too unpredictable in most of the time.
     
    #278     Jul 20, 2022
  9. This mainly happens when the market is highly volatile and becomes unpredictable. I avoid trading such situations especially during any news or data release.
     
    #279     Jul 21, 2022
  10. Traders fail due to many reasons. A majority, roughly 95% -96%, of traders don’t have a trading system or a robust risk management strategy. Only a few, 1-2%, become successful traders.
     
    #280     Aug 3, 2022
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