Sneak Peak: PsyQuation Believes “Less is More” on the Path to Trading Success
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Sneak Peak: PsyQuation Believes “Less is More” on the Path to Trading Success
It’s no secret that the vast majority of online retail forex traders lose money. Within our quarterly profitability report of US brokers, on average, about 35% of retail traders in the US make money each quarter, with lifetime success estimated to be below 30%. While brokers in other jurisdictions don’t post profitability statistics, based on interviews with various brokers, worldwide profitability for regulated retail brokers is believed to be around 25%. However, multiple brokers have cited that larger accounts (over $10,000) significantly perform better than smaller sized accounts.
With this reality, a number of firms have been ... (read more)
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