That's not the argument I've been making. That would be a straw man. First of all, I'm not arguing about what the single responsible factor is since I think that there are multiple factors involved. You can say that people lose money on gambling ...

I've figured out why so many people lose money in Forex

That's not true. a 400 pip stop with .1 lot is less risk and should be higher ROI. The commissions paid will be less on the .1 lot than the 2 lot even though the amount of change in equity is the same. Also big moves over longer timescales can be ...

I've figured out why so many people lose money in Forex

Once again, still arguing semantics. You're committing the logical fallacy that a word can't mean different things. It can. The word leverage can mean a lot of different things. It could mean the action of a lever. The most important type of ...

I've figured out why so many people lose money in Forex

I've just showed you the chances of winning 4 times in a row. It's less than 6.25%. Because of this, it's actually worse if you set aside $100 to try and turn it from $100 to $1600. You might as well take the entire $800 and try to turn it into ...

The Slow Double Method to BIG gains

This is absolute fail. The chances of this event occurring are (0.5)^4. 0.5 * 0.5 * 0.5 * 0.5 = 0.0625, or 6.25%. This is also not even taking into account commissions or spreads. So let's say that you somehow miraculously made it to an $800 ending ...

The Slow Double Method to BIG gains

Why bother with all of that? Why not just decrease leverage?

I've figured out why so many people lose money in Forex

Bernie was consistently making profits for decades. This guy your talking about posts on the 2channel forum and you're still willing to believe him? I could say that I've been making triple digit returns for a couple of years too. That ...

I've figured out why so many people lose money in Forex

That's a great way to increase trading costs and lose money even faster. How do you know that it went in your direction? It depends how you define consistently. It's certainly possible for someone to become a lottery winner, as in extremely lucky. ...

I've figured out why so many people lose money in Forex

Ok, let's assume that what you're saying is true. Let's run a little simulation on my calculator. If the each trade gain/loss was random and ranged from just -0.76% to +0.84%. You'd end up with something like this. image There's one thing that is ...

I've figured out why so many people lose money in Forex

All completely incorrect. Once again you're not doing the math. If your average loss is 20 pips and your average gain is 60 pips, then you're eventually going to have 3 times more loser trades than winners. Now for the 100 pip winner example. Let's ...

I've figured out why so many people lose money in Forex

You're saying things but don't have math to back them up. If you have a SL at 50 pips and after the stop loss is triggered, it represents a 2% loss in your account. Then you will need to either increase leverage 2% or make back just over 52 pips to ...

I've figured out why so many people lose money in Forex

No, it's how people lose money in Forex. Because short term traders are basically flipping a coin, a 1% loss in equity requires a 1.01% gain to break even. That's significant since it's almost like paying commission again. Forex traders don't make ...

I've figured out why so many people lose money in Forex

Look at this video if you think that's bad. This one is hilarious. This guy got his ASS margin called. video You'll still lose everything in Forex by short term trading, just a lot slower when using less leverage.

I've figured out why so many people lose money in Forex

Yes there is evidence that short-term Forex is random. The evidence is that HFT will increase liquidity in the marketplace thereby removing any potential to make money from a pattern or strategy. No, I believe that you're just wasting your time. Why ...

I've figured out why so many people lose money in Forex

You have had accounts that have obviously been blown many times. If you've been gaining 100%-1000% consistently, you wouldn't bother trying to start off trading with 18 USD. A homeless man on the street has made more than you with all the time ...

I've figured out why so many people lose money in Forex

The NFA is helping the US market by keeping Forex traders alive longer. Study after study has proven that the lower the leverage, the less likely that an account blow up will happen. Just imagine trying to blow up your account with 1x leverage. ...

I've figured out why so many people lose money in Forex

There is no such thing as a successful Forex trader. There are only lucky Forex traders. The chances of a Forex trader making 100x more money is much less than 1%. That's exactly correct. The highest ROI on the trade would be from putting at least ...

I've figured out why so many people lose money in Forex

According to the stats you've spent $67 in commission and you only have about $100 left. It doesn't matter if you take out the starting capital used to make the account. There was a chance that the starting capital used might've never made any money ...

Phantom5000

Stops would increase trading costs. You would have to deposit money in the brokerage account again and pay commission and spread just to have the same position while someone with 1x leverage doesn't have to do that. Stops are worse than ...

I've figured out why so many people lose money in Forex

The problem is that you don't have $400,000 in your account. You only have $2,000 for your entire life savings. Trading anything more than 1x leverage leads to lower ROI. So having the broker place a limit on your account makes sure you don't go ...

I've figured out why so many people lose money in Forex