Newbie..percentage of success?

[husnul]

Most of the newbie are losing money in the forex market because they have no proper knowledge about forex trading.But some of the newbie gain's some profit by fluke but always it's not possible because when they trade in forex it usually depends on their luck.So therefore the percentage of success for newbies are less. When newbies start Forex trading they will be having very less chance of making profit, even they do they can't hold it for long , they loose the same there only. Hence the New traders initially should trade with cents account with very little investment so that even they loose the money it will be small but the lessons so learned will be quite useful.

[dhita]

It is difficult for a newbie to earn profit early. A newbie trader must have to work hard to get success on the begining.In my opinion newbie should use demo accounts to make a successfull and profitable strategies then apply it to real trading beside this he/she must master the knowledge of candlesticks and its pattrens. Actually a newbie come to forex trading through knowing about it from various source. A newbie may practically learns first about forex trading perfectly by any close friend or relative and apply the strategy in demo account. After the successful demo account trading if he joins to live account he may success from the first trading. So we cannot say that from the beginning all newbie face loss. Though it is real that most of the newbies lose because they come to live trade so fast for overconfidence and he consequently fall in lose.

[tu ur]

I don't think that people can make only profit from the trading market and as such they have to pass through the loss phrase also in the trading market,which is a part of that .Newbies in maximum time faces such conditions due to nervousness and less knowledge about the trading market and experience can make those perfect. Yes I also think that percentage of success for a newbie can be very less ,but it is also applicable for the senior members.The fact is how serious you are for this forex trading.You should learn,learn and always learn.By continuous learning and continuous serious practice anyone can master Forex business.It is a time taking process it may years to master you this business but,after that the returns will be much more than you expected.You should learn about this business as much as you can.Don't loose your patience control your emotions.

[tigha truck]

well in this business, newbies outnumber the good traders. and its not surprising that almost all of them fails except a few stubborn traders who carry on despite innumerable defeats and loses. And the number of such stubborn traders are very less in fact negligible. i dont think we need to set the percentage of success in this business , this business is same like other normal business and what we can do are plan it and stick with it , if we are right we can get some but if not we will lost

[tlagsing]

forex main bohat say new log entry zaroor lety hain or yeh b sach hai k iss main bohat say newbies ziada tar apna loss hi karty hain market main bohat say traders hain laikin newbie ki nisbat ziada purany or experienced log hai iss market main jo trading kar rahay hain or wo successful b hain. Newbies are always try to become successful in market but they really can not become successful. I think they should t first try to learn the market. Then they should go for trading. Otherwise they will see only losses.

[syarif]

Forex business is being done by new traders and as well as old and experienced trader both. Newbies have less experience so the percentage of loss in newbies is more than normal. Experienced traders also lose but due to their experience and knowledge they can get too much profit too. A newbie should try hard to learn the forex and should not think for more profit in start because thinking to become rich quickly is the main reason behind huge losses by newbies.

[combifx]

many newbies feel like this, they feel success for some trades at demo account and feel ready for real account and then they get some losing at real account, here is the problem, they set the virtual money too big at demo account and then learn with less responsibility at this place and also they did not accept and get the experiences that they will never get at real account and all this just the process when they get into real account then they face different situation, but they will adapt with it and begin develop their systsem

[kopai]

There are a major percentage of old traders in forex who have been trading from years, and newbies need to spend quite good time to learn it first. So, at any specific time its percentage varies a lot,still I guess its not more than old traders. success rate of newbies is very less because newbies dont have any experience and knowledge about the forex so its common that begginers most of the time suffer loss in their trading

[rudiandi]

If you are new then it is advisable to you that grab knowledge and experience about forex as much as you can the more you learn , the more you gonna earn. You can also learn in demo account . It doesn't mean that if you are earning good in demo account then you not gonna earn that much amount of profit in real account , so the main thing in forex trading is how you trade , if you do trading well then you can able to make large amount of funds within a very short period of time.

[sakaroni]

i think that the percentage of newbies success will not be so high, because it is hard to learn about forex at starting and there are so many things which needed to be learnt and remember...and then newbies strategies will be not so effective at the beginning and slowly , they will make a progress.....i think that both newbies and old traders exist in forex market in a huge quantity..... the percentage of successful traders among the beginners are very low.almost all the beginners are lossers.only few of them can get success in the forex trading.only 5%of the newbies are getting success and almost 95% of the them are lossers only from my view