Brokers are also a reason why people lose money. There is a lot of unethical advertising out there, creating unrealistic expectations.

95% failure rate?

Certainly. I was referring specifically to traders, because, after all, this is a thread about trading.

How to learn fundamental analysis

I think it is important to base these things on reliable sources, not hearsay. The actual statistics are already bad enough, I think.

Is Forex reliable?

Interactive Brokers suffered a server outage earlier this week. Apparently there was a a “significant failure in multiple segments of a highly resilient data storage system”. I hope connection has been restored by now and everything is working ...

Interactive Brokers - experiences and opinions

That is a very big if though. The majority of traders don't have those and subequently lose money.

Is forex the best investment?

True. Unfortunately, not everyone learn those lessons and repeat the same mistakes over and over again.

why forex is so risky?

Technical analysis does produce relatively decent predictions. It's not an exact science, but sometimes it is surprisingly correct.

Uncertainty Principle & Forex

Haha true. I confess I am more patient about trading than I am about eating ice-cream.

how do you improve patience

I agree. Don't trade with too many pairs at once, especially if you are a newbie.

Currency pairs to start with as a beginner?

True. Have you experienced a lot of that personally?

why forex is so risky?

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The rise of CRYPTO - Bitcoin, LTC, Ether, Dash, Monero

I agree. Without discipline profitable trading is impossible.

Rules of Successful trader

What advice would you give traders who want to train their psyche for this occupation?

Psychology in trading

If one is a newbie they don't really have the knowledge to choose their risk.

why forex is so risky?

Me too. I feel much safer this way.

Do you use stoploss?

That is a problem, but not the only problem, especially according to official state regulators. Brokers are deliberately misleading traders and fostering that ignorance.

Is Forex reliable?

What leverage do you think is appropriate for scalping?

Scalp

Personally, I wouldn't call it reliable. The majority of traders lose money, that is an unfortunate fact confirmed by financial regulator statistics.

Is Forex reliable?

That is true, but I would add that traders also lose because of shady broker practices.

why forex is so risky?

I think most people should be using stop loss, even if they're not newbies.

Do you use stoploss?