How much trader lost in Forex before they start profiting?

Question

I heard a lot of people said 90% of forex trader lose money. I wonder how long and roughtly how much the trader lose become they become the remaining 10% winners.

Answer 1

To be honest - you've got to expect to lose at least some money.

It's a glorified version of gambling - where you're betting on the currency you're buying to rise in price.

The best way to *not* lose money is to use the systems and techniques that already successful traders are using. And the best way to do that is to use a forex system that they've created.

I personally use "Forex Autopilot" by Marcus Leary because it seemed to be the most reliable to me. I found it at this website: http://www.fxsystemscompared.com/rev_for...

Hope this helps you?

Answer 2

thats because 90% of them dont ask for help.

Take a look at forex tracer here:

http://forex.lem4.com

Good luck!

Answer 3

I think you are experienced the valuable hearsay in the stock market of Forex trading scams. Hong Kong is notoriously known as the international capital of scams in stock market shares trading and real estate transactions. Hong Kong is ruled by a fascist government and lead by the good for nothing Donald Tsang Yum-kuen and his investment think tank, Joseph Yam. Both of them are money takers and perverted Hong Kong citizens addictive to gambling then the government collects average 3 billion dollars duty tax each trading day in stock market trading, horse racing and soccer games wagering, real estate transaction, and Lotto 649.

The following website shows many facts about Forex trading scams in Hong Kong.

http://search.yahoo.com/search?p=Scams%2...

Answer 4

I can only say that working smartly can avoid such losses. That is by investing a small amount can help you to get experience with minimum cost. Thus as you learn more and more techniques gradually increase your investment. This will make you manage risk and investment very well.

Good Luck...