The Myth Why 95% Fail In Forex

A quick search on the internet in websites, magazines or forums might let you come to a conclusion that there are a lot of people out there who are making a lot of money from the forex market.

This is mainly due to the fact that there are a lot of traders out there that brag about their profits but they fail to tell people about their losses.

 In fact, merely five percent of all traders actually make money. Most people will be able to make money from forex trading but turning it into a consistent source of income is totally a different story.

Forex trading should never be a way of making a regular income and acquiring a financial freedom. It is a very risky business and that is why you must always have a safer source of income.

One might wonder if 95 percent of traders are not capable of making regular income, what is stopping them.



 Well, unlike the forex experts who shell out their entire dedication towards trading and trade on a large scale, most of the novices take it as a part time business, and therefore, do not pay a full focus to it.

A small-time investor will find it difficult to focus on the forex market because they would probably be exhausted from working 8 hours a day.

 This is probably why they fail in forex trading. To be a pro in forex trading and make consistent profit, one will need to have years of experience and practice.

It certainly will strain you and probably disappoint your family, but if you want to earn some money out of this business, you will have to give your 100%.

Is there anything you can do if you cannot afford the time for it?

Another popular myth regarding this industry is that if you are not an expert, stay away.

The truth however, is that you have to practice in order to become an expert but the practice should not be at the cost of money.

Always seek help and advice in order to get the right direction of the move. It is advisable to build a good connection with your broker as well a completing some seminar or course about it.

The idea here is to go all out and take any help that is required to minimize your losses, at the same time, teach you the basics of forex trading.

Being extra careful in your trading will make you money in forex even though it is a very risky trading option.

Try not to treat it lightly; but learn with patience so that you develop a safe way of trading. This may take you years but this will be much better than losing all of your money.


Yours sincerely,




 Check Out my other posts here- My Justinnation