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Thread: 95% of traders fail??!!

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    Smile 95% of traders fail??!!

    we've all heard it, and if oandas trade book is correct http://fxtrade.oanda.com/resources/t...nsummary.shtml 95% is pretty accurate

    what do you think????

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    Yepp... That`s true!

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    In Profit moneydeep's Avatar
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    why do they fail? Is it just bad luck or inexperience?

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    thats true u can win whene u work and learn not by sleeping

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    Quote Originally Posted by moneydeep View Post
    why do they fail? Is it just bad luck or inexperience?
    we are here to ask WHY???

  6. #6
    nicky2k
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    Quote Originally Posted by muhammad View Post
    we are here to ask WHY???
    well, statistically speaking, only about 10% of people make money on trade market (be it commodities, shares, or forex).

    another 10% make it even

    and the generall mass of 80% looses...

    Now here is something to really think about:

    if nobody lost, then where whould the money come from? you see, the 10% of smart traders that gain, actually gain the money that the 80% (generall mass) lost.

    You see, trade market by itself, will not generate money, someone MUST loose for other ppl to gain... thats the law of nature, no matter if you like it or not...

    So, my fellow traders, lets be smart, and trade with knowlege, not depending merely on luck.

    let us be one of those 10% that make profit, other then general mass!

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    Director of FXOpen Aus FXOjafar's Avatar
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    Quote Originally Posted by moneydeep View Post
    why do they fail? Is it just bad luck or inexperience?
    Inexperience, greed, emotions and #1 on the list, bad money management.
    Jafar Calley - Director
    FXOpen AU Pty Ltd
    Level 26 • 1 Bligh Street
    Sydney NSW 2000
    Australia
    AFSL:412871 ABN:61 143 678 719
    http://www.fxopenaus.com

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