The odds of success in Forex vary from trader to trader. Based on experience, market savy, trading strategies & other factors, some traders have a better chance at succeeding than others.
Many people make $1,000 or $2,000+, but the percentage of traders who lose their investment is much greater.
The general rate of success in Forex is as follows:
1% of traders make a profit
9% of traders break even(gain or lose less than 5% of initial investment)
90% of traders lose money
The reason for such a low rate of success in Forex is simple, many traders invest a large amount of money before they truly understand the Forex market & before they truly understand how to follow trends.
The best 2 ways to greatly increase your chances of profiting from Forex are educating yourself on the market & using a Forex signal service.
To your $uccess,
Daniel
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