I heard a lot of people said 90% of forex trader lose money. I wonder how long and roughtly how much the trader lose become they become the remaining 10% winners.
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September 20th, 2009 at 7:32 am
Most of ppl enter forex market to get a luxury lifestyle regardless of how much they can loss,they just look at the millions they can make out of this market.
How to Lose ? what to Lose ? you can make 100 trades/month , 50 winners and 50 losers and you are still in profit.
If you are looking for the best forex software, visit this site
http://the-best-forex-software-in-internet.blogspot.com/
This software is the best software that can help increase your trading profit and user friendly.
Best Wishes,
September 20th, 2009 at 7:32 am
Most of the 90% of traders that lose money in the Forex market lose ALL their money before they ever become successful traders. Then they focus their attention on convincing the world that Forex is a scam.
The issue is that there are many elements of the Forex market that the new trader does not bother to learn.
Proper use of leverage
Risk management
Money management
Margin call strategies
Technical indicators
Fundamental analysis
The impact of fear and greed
and the list goes on …
They loses their money because they treat the Forex market the same as they treat a blackjack table … and you know how that works.
My experience is that the Forex trader that invests that appropriate amount of time and attention to studying the market intricacies foirst has a much higher percentage of success.
Paul
September 20th, 2009 at 7:32 am
Secrets From The Heart has reduced risk Expert Advisers, custom programming and a FREE margin calculator. Check it out.
September 20th, 2009 at 7:32 am
The failure rate is so high because most get into this business without a clue of how it works only dollar signs in their head, they buy or find the latest and greatest trading system and think its that easy. Trading forex is a profession just like any other profession, Its the same as wanting to play the piano, you cant just sit down in front of it and begin playing at a concert pianist level…you have to learn it first, same as trading it’s something that takes experience gained to be successful.
September 20th, 2009 at 7:32 am
Before read it first at
http://forextradingcourss.blogspot.com/
Forex Tester - Professional Forex
Training Software for Traders
it will guide you.
September 20th, 2009 at 7:32 am
You target to win, right from the start. There is no guideline, even though it is generally a 30% loss for most retail traders at the start.