Why does forex have a bad rep? | Currency Futures


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Why does forex have a bad rep?

  #46 (permalink)

 
 
Posts: 2,743 since May 2014
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Neo1 View Post
Around 95% of all Businesses fail within the first five years, so with that in mind, FX trading is no different to running any business.

The reality is 1-5% of all active traders are profitable less comms/fees, irrespective of how they trade.

Thats a very simple and good point. I knew the general business startup failure rate was near that over 5 years but the dots did not connect. Would have been very useful for "please stop helping me" conversations in the past two years hehe

I tell people I make icecream now. A mentor's idea.

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