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...