90% failing rate , its true ?

due to over trading i faced huge losses as a new in trading. this is a most worst bad trading habit .

 

when traders loss by their own mistake they consider this market as a scam issue , this is insane.

 

this is ugly truth of Forex market and no way to avoid it , because it happened to me also when i started forex trading as a newcomer.

 

right now the percentage of this failure rate is growing high , because after COVID 19 this ratio increased very rapidly.

 

i dont believe any kind of trading statistic , because this is not declared by any kind authority

 

but this is true fact believe or not.

 

A majority of them fail because they are not committed to trade. They rush with the learning process or skip it. For them, it is about making quick profits ASAP - something that is not possible in forex.

 

True! The stat is high, even higher than 90%. Only 1-2% of the traders are successful.

 

most of the time beginners fail from this marketplace, they always try to bring a good amount of profit from there without learning. as a result this happne.

 

Traders do not prefer using risk management on their trades and think that it’ll limited their profits but on contrary, it mitigates the risk of losing unnecessarily.