Forex Zone - Forex Forum
  1. Forex Zone - Forex Forum
  2. Cryptocurrencies
  3. General Cryptocurrency Discussion
  4. Ratio of successful forex traders

Ratio of successful forex traders

Discussion started on General Cryptocurrency Discussion

Print
Pages: [1] 2 3 ... 10   Go Down

Vi

  • Full Member
  • Posts: 121
  • Points: 0
  • Likes Received: 39
  • Reputation: +0/-0
Is it true that the ratio of successful forex traders is nothing compared to those who go bankrupt?

You may have heard the statistics thrown by many pessimists who say that the ratio of successful Forex traders to those who are not successful is small. There are at least several reasons to be skeptical of such claims.

First, data is difficult to obtain on the subject of foreign exchange players who lose because of the decentralized and over-the-counter nature of the Forex market. But there are many educational materials and Forex trading strategies available to better complement your trading performance.

Second, we expect the distribution of successful forex traders and those who fail to follow the mindsets and statistics of successful people, who reveal that there will be:

very little big loser
a large number of little losers
a large number of small winners, and
very few big winners
Available data from Forex and CFD companies (although only a small part of the broad global Forex market) shows that the rarest people are very successful traders. Most people stop once they start losing a lot of capital or exceed certain limits, while the big winners continue to trade and finally reach success.

The number of small losers slightly exceeds the number of small winners, mainly due to the influence of market spread. So the percentage of successful Forex traders is not much smaller than the unsuccessful ones. But there is little doubt that the most successful traders are only a handful of elites.



Linkback: https://www.forex.zone/general-cryptocurrency-discussion/32/ratio-of-successful-forex-traders/1562/
#1 - February 15, 2019, 01:47:31 AM

Uzana

  • Starter
  • Posts: 6
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
In trading, experience is needed so that we are not wrong in making a decision, asking for traders' friends to share ways and experience in trading so that I can succeed as you all
#2 - April 03, 2019, 10:31:19 AM

Bakol cenil

  • Starter
  • Posts: 5
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
to become a successful trader it requires high hard work and expertise in trading on Forex here we can learn together How and how to become a successful trader together together thank you
#3 - April 08, 2019, 02:23:24 AM

Mandori

  • Starter
  • Posts: 6
  • Points: 0
  • Likes Received: 1
  • Reputation: +0/-0
the ratio in playing Forex to being an expert Forex player or success we must master the understanding of how to trade and we must be able to take advantage of the opportunities that exist
#4 - April 10, 2019, 05:23:17 AM

Rizqyfx

  • Starter
  • Posts: 1
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
the ratio for being a successful trader is that we can analyze the data properly and correctly and always get profit and reach the target
#5 - April 13, 2019, 03:40:08 PM

slippy

  • Newbie
  • Posts: 10
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
only a handful of people who succeed in forex have become bubble law or natural law.
#6 - May 17, 2019, 11:36:38 AM

Serama

  • Starter
  • Posts: 9
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
but there are still many who want to jump in forex, maybe because the promised profit potential defeats the potential risk.
#7 - May 17, 2019, 12:26:19 PM

klaim

  • Newbie
  • Posts: 10
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
Quote from: Vi on February 15, 2019, 01:47:31 AM
Is it true that the ratio of successful forex traders is nothing compared to those who go bankrupt?

You may have heard the statistics thrown by many pessimists who say that the ratio of successful Forex traders to those who are not successful is small. There are at least several reasons to be skeptical of such claims.

First, data is difficult to obtain on the subject of foreign exchange players who lose because of the decentralized and over-the-counter nature of the Forex market. But there are many educational materials and Forex trading strategies available to better complement your trading performance.

Second, we expect the distribution of successful forex traders and those who fail to follow the mindsets and statistics of successful people, who reveal that there will be:

very little big loser
a large number of little losers
a large number of small winners, and
very few big winners
Available data from Forex and CFD companies (although only a small part of the broad global Forex market) shows that the rarest people are very successful traders. Most people stop once they start losing a lot of capital or exceed certain limits, while the big winners continue to trade and finally reach success.

The number of small losers slightly exceeds the number of small winners, mainly due to the influence of market spread. So the percentage of successful Forex traders is not much smaller than the unsuccessful ones. But there is little doubt that the most successful traders are only a handful of elites.
the ratio of successful forex traders is 40:60
#8 - May 19, 2019, 02:04:37 AM

Maulida Hakim

  • Newbie
  • Posts: 10
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
the ones who succeed in forex are only a small part but the ones involved in forex are very much, because of the potential profits offered.
#9 - May 19, 2019, 08:30:08 AM

Vitalita

  • Newbie
  • Posts: 10
  • Points: 0
  • Likes Received: 1
  • Reputation: +0/-0
Those who are truly successful at forex are only a small part because it reaches the most difficult level of psychology and sellers rarely can survive at this stage.
#10 - May 19, 2019, 11:05:18 AM

Miracle

  • Newbie
  • Posts: 10
  • Points: 0
  • Likes Received: 10
  • Reputation: +0/-0
Quote from: Vitalita on May 19, 2019, 11:05:18 AM
Those who are truly successful at forex are only a small part because it reaches the most difficult level of psychology and sellers rarely can survive at this stage.
Psychological factors are the biggest in the success of trading, it deserves many traders who fail because of the difficulty of controlling their psychologists.
#11 - May 19, 2019, 11:18:33 AM

Vitalita

  • Newbie
  • Posts: 10
  • Points: 0
  • Likes Received: 1
  • Reputation: +0/-0
Quote from: Miracle on May 19, 2019, 11:18:33 AM
Psychological factors are the biggest in the success of trading, it deserves many traders who fail because of the difficulty of controlling their psychologists.
True friends, there were those who failed at the beginning, there were those who had been trading for a long time but eventually failed and some still survived but did not develop.
#12 - May 19, 2019, 11:23:16 AM

Miracle

  • Newbie
  • Posts: 10
  • Points: 0
  • Likes Received: 10
  • Reputation: +0/-0
Quote from: Vitalita on May 19, 2019, 11:23:16 AM
True friends, there were those who failed at the beginning, there were those who had been trading for a long time but eventually failed and some still survived but did not develop.
so we must try to control the psychologist first and not to fail trading on us. must always develop and learn for success in trading.
#13 - May 19, 2019, 11:29:35 AM

Awang

  • Starter
  • Posts: 9
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
even though no one knows for sure what ratio a successful trader is, but always claimed that only 10 percent of traders can succeed.
#14 - May 19, 2019, 11:35:28 AM

samehada

  • Newbie
  • Posts: 10
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
the percentage that is successful in trading is only slightly compared to the one that failed.
#15 - July 24, 2019, 01:50:48 AM
Print
Pages: [1] 2 3 ... 10   Go Up
  1. Forex Zone - Forex Forum
  2. Cryptocurrencies
  3. General Cryptocurrency Discussion
  4. Ratio of successful forex traders

Members:

0 Members and 1 Guest are viewing this topic.


Ratio of successful forex traders in General Cryptocurrency Discussion_collapse Refresh Activity Stream (It's automatically updated) Open Activity Stream in Popup Activity: