Is it true that 90% of all traders lose money? And why, can't they just buy and sell trend breakouts?
No, the actual quote is 90% of daytraders underperform the s&p 500, which is factually correct.
>>1737789
I had an idea about trading forex
It seems stupid to just trade from one thing to another
Do forex traders frequently make trades from one currency to another that has a better exchange rate with the one they really want?
Is there ever a situation where making multiple trades like this makes sense?
>>1737789
Yes, because in order to gain someone has to lose. There is no win win.
>>1737789
I have an edge to make millions of dollars off the foreign currency market, but I'm broke penniless at the moment.
>>1737856
Same. I just need to find a stranger online who can invest in me.
>>1737856
No you don't. You're an addict who lost all his money ans no one will lend you more because you lost that too.
>>1737856
Ah, it's you again.
>>1737856
Kek
>>1737977
Same situation. Perhaps someone can let me trade with their account and give them 10% a month so I can pay my rent and eat.
>>1737789
>>1737817
samefag.
>Is it true that 90% of all traders lose money? And why, can't they just buy and sell trend breakouts?
pic related. open a forex account yourself and become a billionaire.
>>1738034
I did and im already wining
>>1737837
I know im just wondering how stupid people are
>>1738103
there are two kinds of traders
those that have suffered devastating life changing losses and those that will
>>1737856
Cant you fuck off already