is that true 90% of the forex traders are losing their money?

is that true 90% of the forex traders are losing their money?

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  • ankit
    Lv 4
    9 years ago
    Favorite Answer

    trading in foreign exchange is very complicated issue.Those without adequate knowledge of hedging and futures are biggest losers

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  • 9 years ago

    Pretty much...which is driven by too many traders with a lack of trading education and a lack of proper money management when they trade.

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  • 9 years ago

    I think it is true because that 90% are mainly newcomers who still do not know anything about forex etc.

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  • 9 years ago

    Yes. It's a scam, and overdue for banning. Destabilising a foreign country's economy to make a few bob for yourself ought to be considered an act of war.

    Source(s): Nobody gets richer without someone else getting poorer.
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  • Anonymous
    9 years ago

    impossible to know BUT i wonder just how many stock traders are losing right now....

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  • 9 years ago

    Nobody knows the exact figure, but that could well be true.

    It is not investing. It is speculating - and very easy to lose your shirt.

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  • Anonymous
    9 years ago
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  • 9 years ago

    check www.fxglobus.com

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