Exactly. You not only need to learn about how it functions but learn from hands-on experience yourself. You can study all the ways of trading and still be terrible at it.
About 20% of the forex traders are winning.
- Thread starter George10640
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Definitelly that is one of the things about forex,because it is not something you do on paper,it is practice base,bcause as you are trading you are getting to know and understand the market better.
I just wish that a lot of people who want to jump into forex trading I going to be aware about statistics like this before they are going to put their money as it is not all rosy.
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I completely concur that we shouldn't pay attention to Forex advertisements because what the Forex Trader actually does does not rule out the possibility of making us wealthy; perhaps it just comes down to luck.
To be among the 20% of people who are wining its not always easy to win in the forex market because from what I see I think that you will need to go through series of training get yourself well train and then you can start wining while you trade in the forex market because there are so big chance of blowing off your trading account
Yes that seems to be true about 20percent are winning why am saying you need to be among the wining team of 20 percent thou I know many people are missing alot of money but if you learn how to trade properly you may be among the winners
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To be sincere many people loss money in the forex market and many gain those that are profiting from the market are those professional who has expensive system to trade they do attend webinar and seminar regularly and they have huge amount of money to invest for you to be classify among the winner then you must have knowledge and good skills
I think forex wouldn't be a wise investment if only 20 percent is making profits and other 80 percent are losing, instead try to start something which has more profits like stocks or crypto.
I think success in a particular business most not be at the same time to be enjoyed but I believe every investor has it own time of success when you invested well.
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It is very funny that this is something that is similar with all financial-market that 80% of the people who are circulating the the wealth of themselves and that is why you have to be very good.
This is what a lot of people do not understand before going into the market but instead they put a lot of money into it and lose because they are seeing people posting crazy wins.
Yes that seems to be true but I have to enlighten you that when I get started I think that someone who is well professional advice me that I can encounter some loss if I dont take much of my time and learn how to trade learning is the most important thing so before you get started I beleive that the first thing which you need to do is for you to try and learn how to trade and spend about six months in your demo account
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Wining will always come but you don't expect to win when you don't have the knowledge and skills to trade well we all know that forex is tactical so to ensure wining learning must take lead
If you are talking about wining people who dont know how to trade will never win in the forex market I beleive that for you to earn here you will need to learn how to trade.
In forex wining come when you have the knowledge and skills to trade
In forex wining come when you have the knowledge and skills to trade
Greed is indeed what makes many people not to be successful in trading. An average trader has a win to loss ratio of 5:5 or 7:3.
People lose money because they think it's high leverage that will make them money fast, but if it falls on a loosing trade, you stand to lose even more than you may have gained.
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We made post and talk about wining always but seriously I beleive that majority of the forex traders that are walking this thread dont even want to learn we keep posting reply but its not a way forward,
the right way for you to be among the wining team is for you to keep learning and practice to gain that experience
the right way for you to be among the wining team is for you to keep learning and practice to gain that experience
Personally I am still learning so many things about forex, the market is really huge and complicated. It's not something I have to rush it's something I have to take my time and learn perfectly about how it works.
Exactly, forex trading is not fast way of making money,what I mean is that is it not a business of one or two days. Forex requires more knowledge and smartness in other to be successful.
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The 20% that is winning are top expert which some of them are capable of manipulating the market. Forex is not easy because of the complexity of the market structure.
If 20 percent of traders are winning, what is happening with the remaining 80 percent? Well, if 20 percent wins, the remaining 80 percent of traders are failing. That's a huge percentage of failure. That's why I don't try forex.
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