Those stats are wrong. Actually 99.6% of people lose money in FOREX. Period.

95% traders go broke, only 5% survive

Nope, it's not reliable. Eventually, you will lose everything in FOREX. Just stay away from it and go look for a job. Otherwise, if you want to put your money into this CASINO, then don't whine later. 99.6% of people lose money in FOREX. Period.

Is Forex reliable?

So, do you accept my original bet or not?...

Why are most of the traders here failures?

The point is that only 0.4% of traders can make a profit AFTER 1 year of trading. That is what matters... 99.6% of RETAIL FOREX traders lose money long term (over 1 year of trading)... So, despite how many consecutive quarters you have or if you ...

95% traders go broke, only 5% survive

So, do you accept my original bet or not?...

Why are most of the traders here failures?

Most YouTube Forex Videos are a joke. Lots of people trying to sell you their "useless system", or trying to make you join their newsletter to sell you worthless Forex Stuff. Just an example, this is really funny, check second 0:54 how he PRETENDS ...

REAL youtube traders

QUOTED FOR TRUTH. I said it many times in this forum. 99.6% of traders LOSE LONG TERM. Only 0.4% are profitable after 1 year of trading. Go figure, people.

How much do people make trading FOREX

You see? You cannot make a living off forex, thus you cannot accept it. Interesting to know who is really who here. LOL.

Why are most of the traders here failures?

So, do you accept my BET? You laugh and call me names, but, let's go directly to the point, do you ACCEPT, YES OR NO?... If you don't answer, I will take that as a "NO", which means you cannot do it. I will give you 10K dollars, and we will sign a ...

Why are most of the traders here failures?

I will bet you anything you want. But, I'm talking about making a living off RETAIL FOREX... Not "surviving", with a micro account and finishing with 500 bucks in your account after 1 year of trading. I will bet you U$ 10K, that you cannot make a ...

Why are most of the traders here failures?

This thread is from 2005. Humans are still not CAPABLE of predicting the Future, so, most people will still lose in FOREX.

Information For Beginners

The answer is pretty simple: 99.6% of people lose money in FOREX. And posts like these are USUALLY not made by people who actually make money LONG TERM, but rather by any of the following: _PAID employees of the same BROKERS _People who are trying ...

Why are most of the traders here failures?

I understand you can be very angry by the FACTS, but it's the TRUTH, and you CANNOT HIDE IT, no matter how hard you try. If you consider yourself a so called "PRO" in Forex, you must know that FOREX BROKERS are now required to report customer ...

Why do people use Fibonacci in trading?

Wrong?? I already asked you in another thread if you were doing a living TRADING RETAIL FOREX and you clearly EVADED the question, then you said that you are a CODER FULL TIME... So, why do you say im wrong? You are CONTRADICTING YOURSELF. Here we ...

Why do people use Fibonacci in trading?

99.6% of people lose money after 1 year of trading. That gives us the number that ONLY 4 traders in 1000 make a profit after 1 year of trading. Let me ask you a simple question "venzen", do you make a living trading exclusively ONLINE RETAIL ...

Why do people use Fibonacci in trading?

If you are guessing, you are in the same position as a gambler. In fact, I must say you are right, tho. A Forex Trader is a Gambler, for the simple fact that they are just "guessing" what will happen... You try to convince yourself, that you are ...

Why do people use Fibonacci in trading?

Unfortunately, Price Action LAGS big time, same as indicators. They cannot predict what will happen to the market. That's a FACT. Price action is a "Maybe"... But what I said, is a FACT. And nobody here can discredit it. You can easily find out that ...

Price Action and Trading Discussion

The AHA moment is when you figure out that you are trying to beat the HOUSE and that the HOUSE always wins LONG TERM. There is no such things as systems and all indicators, SAME AS PRICE ACTION, all LAG BIG TIME. No "safe" trading system has EVER ...

AHA moments in your trading career

Is that your guess? Or are you talking with some good source of information from Vulture and Pirate Funds? (be it GOLD-MAN-Sucks, Pirate Morgan Stanley, PIMCO or whatever, they manipulated the fall after all, like they manipulated many other moves ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

You gave that site a lot of FREE Propaganda. They "must be lucky" to have people vouching for them for free, in a business where every single move is made with money intentions. This thread could easily qualify for the commercial section.

How to find big investors who invest more than $10 Million