95% of FX Traders Lose, Yet Everyone Wins on Social Media- Truth? | Forex Factory

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95% of FX Traders Lose, Yet Everyone Wins on Social Media- Truth?

It’s no secret that 90-95% of retail Forex traders eventually lose money. Yet, scroll through social media and you’ll see the exact opposite story-feeds overflowing with “consistent profits,” “winning strategies,” and the dream of financial freedom.

This contradiction raises a bigger issue than just hype. For newcomers, the constant stream of quick‑success stories creates a dangerous illusion. Many start their journey chasing fast money instead of building discipline, risk management, and patience. In other words, they begin trading with the wrong mindset and that rarely ends well. This is not a healthy sign for the trading industry.

So here’s what I’m trying to understand:

- Are we simply looking at survivorship bias and clever marketing?
- Or is there something deeper in the way traders curate their online image versus their actual results?

Most importantly, how do experienced traders filter the noise and identify insights that are genuinely worth paying attention to?

I’d love to hear from those who’ve been in the markets long enough to see through the shine. How do you cut through the polished success stories and focus on what truly matters for long-term growth?
Less is more...
Yes most lose. We can't have winners without losers.

There is no secret - only few can stick to the plan long term.
Does not matter what plan it is, exercise program, diet plan, trading plan...
Even half of people can't get up in morning without snoozing alarm couple of times.
I might be wrong , I have been wrong before
There is no secret - only few can stick to the plan long term.
That抯 the Holy Grail. Thanks.
Less is more...
It抯 no secret that 90-95% of retail Forex traders eventually lose money. Yet, scroll through social media and you抣l see the exact opposite story-feeds overflowing with 揷onsistent profits,?搘inning strategies,?and the dream of financial freedom. This contradiction raises a bigger issue than just hype. For newcomers, the constant stream of quick‑success stories creates a dangerous illusion. Many start their journey chasing fast money instead of building discipline, risk management, and patience. In other words, they begin trading with the...
There is no truth 90-95% of retail Forex Trader eventually lose money.

Some brokers will tell you that between 75% and 85% of traders will lose money in their first year of trading.

How many will eventually lose money and close the accounts are higher. That's the churn rate of traders.

There are many reasons why retail forex traders here lose money.
We ask the FF members and there are lots of reasons which most will fall in those categories.


90% of traders lose money
http://www.ojas-gujarat-gov-in.com/thread/...-true-or-false

98% of all day traders lose money
http://www.ojas-gujarat-gov-in.com/thread/...y-traders-fail

99% of traders lose money
http://www.ojas-gujarat-gov-in.com/thread/...ers-lose-money

99.9% of traders lose money
http://www.ojas-gujarat-gov-in.com/thread/...-no-discipline

among FF most distinguished members, this member @hanover gave a long list of 35 reasons >> click { here }

If members can identify the reasons for their failure to make money consistently, its among these 35 reasons and then find ways to work on them.

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
The FCA, Financial Conduct Authority, class it as spread betting and has to be called as such in UK, they legally have to disclose their losses in the UK

Key Statistics & FCA Actions

  1. FCA Findings: In a 2016 analysis, the FCA found that 82% of retail clients lost money on CFD products.
  2. Current Provider Disclosures: Some brokers, like IG, report losses for around 79% of retail clients, and others, like City Index, show figures around 69%.

The 90% is generally reported as traders still trading 1- 2 years later and profitable but there is no real data on this, The 2%ers, is probably marketable, making you feel special. I know my account was gone by the end of 12 months and I can't imagine many are left after 2-3 years.

Yes most lose. We can't have winners without losers. There is no secret - only few can stick to the plan long term. Does not matter what plan it is, exercise program, diet plan, trading plan... Even half of people can't get up in morning without snoozing alarm couple of times.
Exactly. Most people don抰 lose because the plan is wrong-they lose because they can抰 stick to any plan. Trading just exposes that lack of discipline faster than diet or fitness ever will. Social media makes it look like everyone抯 winning, but the real edge isn抰 secret strategies-it抯 boring consistency when the hype wears off.
Absolutely梞ost traders lose money, and social media makes it look like everyone抯 winning. The real edge comes from solid risk management, tracking your own stats, and sticking to a disciplined system. That抯 how experienced traders survive long-term and avoid getting caught up in hype or polished success stories.
Absolutely梞ost traders lose money, and social media makes it look like everyone抯 winning. The real edge comes from solid risk management, tracking your own stats, and sticking to a disciplined system. That抯 how experienced traders survive long-term and avoid getting caught up in hype or polished success stories.
Yeah man, most folks get sucked into the Instagram highlight reel- screenshots of 'perfect entries' and flashy profits- but nobody抯 showing the blown accounts or the nights staring at charts wondering what went wrong.

Truth is, trading ain抰 about catching the one big move, it抯 about surviving the grind. Risk management is the boring part nobody wants to talk about, but it抯 the only thing that keeps you in the game. I learned the hard way- blew a couple accounts chasing hype before I started tracking my own trades and realizing where I was messing up.

Once you treat it like a business- stats, discipline, patience- it changes everything. The market doesn抰 care about your ego, it抣l humble you quick. Stick to your system, manage risk, and forget the noise. That抯 how you last.
Less is more...
Most newbies to FX have found their way from the Crypto boom where 99% just got lucky, same as i did in the dotcom boom.
The crypto kiddies are just liquidity now for the big boys and many will implode very quickly.
In my 30 years+ of trading I will say this.. IF you have a profitable system, NOT a hope in hell you are selling or sharing it.
Once you realise that trading without any indicators, and just following price action is the key, you will become far more consistent...
Im only here for the Guzzoline...
Most FX traders lose because they lack discipline, risk management, and consistency, not because of some hidden secret strategy. Social media only shows highlights, creating a misleading illusion of success. Focus on tracking your trades, sticking to a plan, and managing risk梥urvival and consistency are the real edge in trading.
Totally agree with Cableman .
And totally disagree with Mandariin, regarding "most lose. We can't have winners without losers." That is not true.
........ Most importantly, how do experienced traders filter the noise and identify insights that are genuinely worth paying attention to?
I抎 love to hear from those who抳e been in the markets long enough to see through the shine. How do you cut through the polished success stories and focus on what truly matters for long-term growth?
Noone can win consistently without an edge. Noone will have an edge copying the ideas of other traders.
See my post here http://www.ojas-gujarat-gov-in.com/thread/...4#post15538284
Personally, I trade EURUSD from the Asian session low to the opposite Asian session high. I identify the targets first, and then, if the context is bullish, I wait until all lower fractals are taken out on the 1-hour timeframe and open a long position. You can try it and you抣l be surprised how high the risk-to-reward ratio is with this kind of trading.
The key is to define the targets correctly.
Personally, I trade EURUSD from the Asian session low to the opposite Asian session high. I identify the targets first, and then, if the context is bullish, I wait until all lower fractals are taken out on the 1-hour timeframe and open a long position. You can try it and you抣l be surprised how high the risk-to-reward ratio is with this kind of trading. The key is to define the targets correctly.
Interesting approach. Trading the Asian session range extremes can be very efficient if you understand how liquidity behaves around those levels. The key, as you mentioned, is not just marking the high/low but defining valid targets- otherwise you抮e just drawing boxes.

What I抳e found is that once the market clears out the lower fractals on H1, it抯 essentially a liquidity sweep. If the broader context is bullish, that sweep often sets the stage for continuation into the opposite side of the range. The risk-to-reward is attractive because your invalidation is tight- you抮e wrong as soon as price fails to hold above the sweep.

But the nuance is in timing. London open can either confirm or completely flip the bias. If you抮e not aligning the Asian levels with higher‑timeframe structure and session flows, you抣l get chopped.

So yeah, the method works, but it抯 not 'magic.' It抯 about combining session liquidity dynamics with precise target definition and disciplined execution. That抯 what separates a strategy from a gamble.
Less is more...
It's all noise from the people who want to sell you some winning formulas.
You're right, just go on instagram and you'll think everybody is in the money there, crazy followings of some useless signals providers.

Don't people understand it? Why on earth, would one sell something that lays golden eggs???
{quote} Interesting approach. Trading the Asian session range extremes can be very efficient if you understand how liquidity behaves around those levels. The key, as you mentioned, is not just marking the high/low but defining valid targets- otherwise you抮e just drawing boxes. What I抳e found is that once the market clears out the lower fractals on H1, it抯 essentially a liquidity sweep. If the broader context is bullish, that sweep often sets the stage for continuation into the opposite side of the range. The risk-to-reward is attractive because...
Study the first photo carefully ?you抣l understand the principle. The second one is proof that I entered the trade, and the third shows all my trades since the beginning of December.
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