Every forum or website I read I always come accross someone saying 95% of people who trade forex lose money. Some proportions as high as 98 percent.

What exactly does this mean? That 95% of individuals attempt to exchange forex, lose cash, get discouraged and stop?

Where are these numbers coming from? Has there been a survey, or research?

If those stats are in fact true (I think they're bs), remaining at the 5 percent range will be extra gratifying.