About 20% of the forex traders are winning.

[Ehizzy1]

I think even the 20% traders might still be making lose only that the profit would be use to cover up the losses and its not everytime you lose or win i have been into trading several times and i have vast experience when it comes trading , and u can assure you that most times things don't go as plan , because the currency you expect to rise might not rise as you expect it to

 

[Damismiling]

Forex is not a get rich quick scheme like we're been told on internet adverts. It requires knowledge,patience and discipline. Those 20% use a good money management system that can guarantee you profit over a long period of time. The rest dive in to raise their accounts by x 10 and end up blowing it.

That is it, forex requires you gather some knowledge before you venture into it, also it requires experience, more experience is gotten from your interaction with the platform, then when you are fully into it, it requires patience

 

[gammarays]

That is it, forex requires you gather some knowledge before you venture into it, also it requires experience, more experience is gotten from your interaction with the platform, then when you are fully into it, it requires patience

You're very right. There's a reason why some forex traders are termed experienced. In forex,you win and you lose but your winnings has to be more to recover your loss and keep you in profit. That's what makes you a forex trader. Online marketers in forex has made it appear to be very easy with the way they aggressively market forex online. Only naive people fall victims to their antics.

 

[Sake]

That's a pretty low percentage of success.. that's why it's not as easy as the other traders say. The chance of losing your money is huge if you don't know what you are doing.. that's why im not joining unless i have the proper knowledge. I can't afford to be with the remaining 80% losing side

 

[Aniwhyte]

Forex trading is not for the weak or faint hearted, it is also advisable for one to only input when he could bear to loose, a lot of people are making huge money from forex, more than 20% of people are making huge gains from forex on a daily basis, they have mastered all tactics.

 

[adazeez1995]

Trading forex involves substantial risks and you stand a chance of losing your investment. But it does not have to be risky. Just like driving a car, driving a car involves substantial risks but it is not really risky. Instead the driver (trader) is the one who should be considered risky or safe. Just make sure you are very careful.

 

[Folaham]

20% winning rate is low and not convincing enough for people like us whom are still not confident enough to venture in it.
The low winning rate means there are a lots of unqualified forex teachers/tutors out there and getting to filter what is best becomes a real issue for freshers

 

[Chumzy]

Currently I think that it is less than that number you estimated to be winning. Forex is a bit close to gambling or any form of bet but this time you can study a few things about the market. Most traders lose big time and even the traders that win sometimes lose too so it is a really big risk.

 

[Blue house]

20% of that people investing the amount they're affording to lose. They're not putting all they money on it and well know how to play with Forex

Forex is not about always putting high money, it is about how well you have knowledge about it, when you learn it and you are very confidence about your trading skills, you won't need a high capital to start, you can start forex with a low capital, your success rate depends on how well you know it not based on high capital.

 

[Setfragil]

Most people who claims they had made so much money from Forex were actually lieing. It is a bitter truth that people are not telling just to deceive more people into it.

Forex trading is not for the faint of heart, it's for smart people who are ready to risk it all. Trade with serious caution!

 

[Erik4150]

It does not come as a surprise to me that only 20% of forex traders are very successful. That is the stark reality of forex trading. Many people keep loosing money to it because they lack the in depth knowledge and skills to make consistent profits from forex.

 

[marky]

individuals winning with exchanging on forex, those individuals have had insight, they have contemplated the market, made examination and are focused. The vast majority presently simply need to get a lot of cash-flow on forex in couple of weeks presumably in view of the direction given to them or the adverts we see on online worlds which isn't so. You need to assemble information, experience, prompt from specialists and order to have the option to be victor in forex

 

[Denuola]

Forex isnta get rich quick scheme, more than 90% of the traders actually lose all of their capital on the long run, only few traders are profitable on the long run.
The 20% of people winning with trading on forex, those people have had experience, they have studied the market, made research and are disciplined.

 

[Iamsodex]

It has down on most newbies that forex isn't a get rich quick scheme that they just put in money and cash out almost immediately, you need adequate knowledge and patience. A large percentage of the 20% are the market makers consisting of banks and other institutions who have the funds to influence the movement of price to a certain stage, they are regarded as the smart money makers.

 

[Neeta313]

One thing about forex is that when you win, you win big and when you lose, you lose it all. As you said just 20% are winning, you need to understand the drill, how it works, most people dont, that is why they are not making it in there, just few people have actually succeeded.

 

[Khezo]

Sadly I believe that is true in fact 20% is really too high because a lot of people lose money every day on forex trading period on Instagram you would likely see people flirting wealth on forex they are those are one of the 20% if you don't know anything about the market you just have to be careful of the market and not fall victim of scam

 

[Jimmie150]

For me personally I don't see forex trading as an easy to do considering the high risk involved in it. I believe the percentage of those making profit from forex trading is not up to that 20 percent that is been talked about.

 

[Qasim Raza]

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[akinlolu99]

Forex is a thing of mindset, if you don't have a winning or winners mindset coupled with the ability to take risk it will be a rough business to dabble into, yes there are lots of people making money from forex but the thing is does people know the level of patience and commitment they had to undergo in other to arrive at that level. For instance when someone wants to start newly their is the pdf or word documents that the person might be told to proof read before heading into the trading market.

 

[Abigael]

20% is a really small percentage, meaning there are many others who are loosing in the field of frex trading. That shows that it requires so much knoweledge and expertise for you to do well there. You should not just invest money without knowledge.