I'm trying to understand the concept of the 90% rule in Forex trading. Could someone explain what it is and how it works in the currency exchange market?
7 answers
DigitalLegend
Fri Dec 13 2024
According to statistical data, it highlights a significant challenge faced by new traders.
Eleonora
Fri Dec 13 2024
The 90% Rule is a concept prevalent in the forex market.
KatanaSword
Thu Dec 12 2024
The rule serves as a stark reminder of the risks associated with forex trading.
Federica
Thu Dec 12 2024
Specifically, the rule states that 90% of new forex traders tend to experience significant losses.
Arianna
Thu Dec 12 2024
It underscores the importance of thorough preparation, education, and risk management for new traders.