86 Percent Of Forex Traders Expect To Make A Profit, Only 30 Percent Do

Even before the Swiss National Bank reminded everyone how harsh the forex market can be, traders had a pretty unrealistic view of their chances in what is essentially a zero-sum game: 86% of retail forex traders expect to make a profit even though only 30% actually do so, and it’s mostly the smaller traders who lose out. Forex traders: Average retail forex trade size has been falling A presentation from CitiFX managing director Bapi Maitra on the retail foreign exchange market found that volumes have been steadily growing. There are now four million retail forex traders worldwide with 1.4 million…