Interesting, 70% of Currency traders lose money in 2014

Discussion in 'Forex' started by prc117f, Jan 16, 2015.

  1. loyek590

    loyek590

    and don't forget, there is a political forum down in the basement for those of us that still want to bitch, but aren't that interested in re educating the population when it comes to trading. We've been talking about the same thing for years. Nothing ever gets better (or for that matter any worse.)
     
    #21     Jan 17, 2015
  2. Well, my trading experience of 2014 is really nice. Because, I make my yearly target very comfortably. On the other hand, now I am increasing my earning percentage according to my trading performance. Actually, learning is a continuous process so, still I am learning. But, I learned trading principle from video tutorial of GCI Financial trading broker. By the way, now I am very confident about my success.
     
    #22     Jan 20, 2015
  3. JTrades

    JTrades

    Four mentions in eight posts.

    What's your affiliation?
     
    Last edited: Jan 20, 2015
    #23     Jan 20, 2015
    traderob likes this.
  4. lojze

    lojze

    How about numbers from AMTD and IB? Do they publish %'s of winning traders?
    After all they are public companies.
     
    #24     Jan 20, 2015
  5. Most at IB have lost their shirts, and still owe some shirts. Do we really need to know the exact number ?
     
    #25     Jan 20, 2015
  6. I don't know if they publish, but even then are you sure these figures are correct?
    And the most important question: why you ask this?
    If you think that joining the broker with the highest % winning traders will improve your performance I can already tell you that this will not help.
    Be a winning trader depends only from you.
     
    #26     Jan 20, 2015
  7. lojze

    lojze

    Just of curiosity and you are correct everything is in me ...
     
    #27     Jan 20, 2015
  8. That doesn't sound right. Surely those people who you will take money from, assuming you can, will have some say in it ? Or, is the expectation that they are all dummies ? Judging by their proven statistics of taking money from most people, they don't seem very dumb.
     
    #28     Jan 20, 2015
  9. One thing is clear: Nobody will post % winning traders in forex.

    If they publish this everybody will stop trading forex. And that's not good for their business. I remember that the biggest problem was to replace the traders that wiped out their account or that stopped, by new clients.
     
    #29     Jan 20, 2015
  10. just21

    just21

    #30     Jan 23, 2015