I have question to youpersonally, what's your view about why just 10 percent of traders (may be {}) can win Currency Market while in theory there should be 50% losers and 50% winners? I think there are not many traders on Currency Market. After poor experience traders leave Currency Market, some traders' nerves do not allow to last at Currency Market more than a year. So this 10 percent is traders.
Personally when I was brand new to Currency Market, even though I followed Currency Market psychilogy research I couldn't control myself. When gaining, I was emotional when shedding and honored. When I won I believed that nowbody was there clever just like me (I had been wrong), and being invited I made many incorrect moves, I had been overtraded I'd as low as 300$ accounts and that I exchanged over 60K per day. Than since I found out that I left many wrong moves (without putting stop loss orders) I left the very error exactly what many beginners do, I let shedding posotion to stay, nevertheless I had been losing nearly 80 percent but afterward promote reversed and gained some thing, but not necessarily I had been blessed yet another transaction and I lost nearly my deposit. But I didn't give up developed approaches first time technical on principles, analyzed every currency pair and then used technology. The reason why I am telling? I think primary reason why the majority of traders (newbies) shed is they make riskiest moves following small profiting rather than use stop loss orders, or perhaps put in a lot to losing rankings. They cannot learn to appreciate losses. Only self-confident traders may acquire who acquired belief, that by 100 deals many of these (over 70) will likely be prosperous. And utilizes stop loss orders to get rid of situation that if such 30 cases happen profit would not be exceeded by loss. {} I presume that loses when required, who can't acknowledge losses.