2. Most brokers agree that 90% of all
traders lose money, 5% of them
break even, and only 5% make
money. These statistics are not
that encouraging for us traders, but
it is the reality.
How Successful Is Forex Trading
3. The long hours that the forex
market is open, it trades 24 hours a
day for 6 days per week and is the
most liquid market in the world. So
even if you have a full time job you
can still come home and trade. It is
a great way to start out, paper
trade build up confidence start
achieving financial success then
you can leave your current job.
How Successful Is Forex Trading
4. It doesn't matter what the market
is doing as you can just as easy go
long (buy currency) or go short (sell
currency) so there is never a bad
time unlike buying stocks. The
liquidity means that you have no
problem selling.
How Successful Is Forex Trading