90% failing rate , its true ?

They are not scalpers looking for a few ticks.
It is possible to follow them on the 15 min charts if you are a day-trader, there are at least more than 50 different financial instruments to choose from (in the US, UK, Europe, etc...)

 

Oh god. The force is strong with you today. Can the rest of you please stop encouraging him.

 

What sort of dices they use?

 

Not the dices they use in Vegas, that's for sure.

 

Can't complain, so far so good. How about you?

 

Are they using black box dices?

 

Magnets baby!

 

I attempted to find original articles that detail this fabled "90% failure". Only 1 article - based on traders from India, gave sufficient details and data - their failure rate was 78% but even that one paper was clumsy and weak. I could not find any detailed studies or data to show "90% failure". Just saying.

 

Hi Dazz,

You can find some stats in my post (#11) in this thread, if you have not already read it.

 

And that "5% winners" is NOT other traders; it's the very broker that traded against its clients.