Why 90% To 99% Of Forex Traders Lose Money In Trading

In this session, we’ll uncover the real reasons why 90% to 99% of forex traders lose money in the financial market, and how you can position yourself to be among the 1% who win consistently.

Almost every beginner who steps into the financial market comes in with one goal: to make money and achieve financial freedom.
Some are tired of their 9-to-5 jobs and dream of earning a comfortable income from home without stress. But here’s the harsh truth: only about 1% of all forex traders make money consistently. That’s not an exaggeration; it’s a fact.

As a beginner, you might ask, “Why is it this way?”
This article will break down the main reasons why 90–99% of traders lose money and how you can prepare your mindset to avoid falling into the same trap.

At Forex Loaded, our goal isn’t to scare you away from trading; it’s to prepare your mind for success. We believe in telling you the truth, not sugarcoating it.

There’s an old saying: “You don’t chase a poisonous animal with your bare hands.”
In the same way, you shouldn’t jump into the forex market without first understanding how it works. Our mission is to equip you with the mindset and knowledge you need to grow and achieve your financial goals through trading.

This is a question even many so-called “mentors” struggle to answer, because most of them are also part of the 99% still losing money.

The short answer? Lack of proper knowledge and the right information.

Imagine learning forex from someone who isn’t profitable but pretends to be. How can you become successful if your teacher isn’t? A blind man cannot lead another blind man.

The truth is, today’s forex education space is flooded with influencers, not real traders. If you want success, you must seek genuine knowledge, the kind that’s rare and valuable.

Quality knowledge and accurate information are what separate successful traders from losing traders. And unfortunately, those two things aren’t easy to find or cheap to get.

For 90–99% of traders to lose while only 1% profit, there must be a knowledge gap.
The 1% know secrets that the rest do not.

If you want to join that 1%, you need to uncover those secrets and start thinking like the elites who dominate the market quietly.

We would love to share all those secrets here, but due to copyright, we can only recommend an eBook titled “Untold Forex Secrets Causing You Losses,” written by forex elite Joshua E.

This powerful eBook reveals the hidden truths behind how the forex industry truly operates, from the masterminds controlling the charts to what really moves the market and so on. It will help you stop trading like the crowd and start trading like institutions.

Once you understand how the forex system is structured, your next move is to apply those insights to your trading.

If you’re a total beginner, the first thing you need is quality mentorship. But if you can’t afford that ( it can be expensive), we’ve got you covered. Start your free self-learning journey through our Learn Forex section in the top menu of our website. With the eBook we recommended above, combined with our forex lessons, you are ahead of the crowd.

In forex trading, strategy comes second; understanding the market comes first. Whatever you call the forex market is what it will become. When you call it gambling, you gamble and lose. When you call it a growth-focused business, you pursue quality knowledge and the right information, and as a result, you succeed. The gambler’s mindset aims to hit the jackpot and get rich overnight, but a growth mindset in business views every loss as valuable feedback, not failure. This perspective shift turns each trade into a learning opportunity and aligns with continuous development and long-term success.

When you understand how the system works, you won’t follow the crowd. You’ll think differently, trade differently, and grow differently.

Forex is all about self-discovery. Every great strategy you see online was created by traders who understood the market deeply. But always remember this: once a strategy goes viral, it attracts the crowd, and the crowd usually loses. Protect your unique edge (strategy).

The real key to success in forex trading is quality knowledge and the right information.

This category includes beginners with big dreams but little or no knowledge. They trade emotionally, ignore risk management, and treat forex like a get-rich-quick scheme.

They overtrade, jump from one strategy or signal group to another, and lose money repeatedly. Eventually, some give up and call forex gambling, while others seek deeper knowledge. Every successful trader passes through this phase, but not everyone makes it out.

These traders refuse to quit. They study harder, manage risk better, and learn discipline. They win sometimes and lose sometimes. One week, they celebrate big profits; the next week, silence with few losses.

Many of these traders become “mentors” on social media, showcasing wins to attract beginners and make extra income. While they’re improving, they haven’t yet reached the level of consistent profitability.

These are the elites, the silent professionals who have mastered the game.

They understand how the market truly operates. They don’t chase trades or brag about profits. To them, winning is normal.

They take a few high-quality trades weekly, follow their rules with discipline, and let their results speak for them. Their mentorship programs are usually expensive, but worth every penny because of the deep insights they share.

Forex trading isn’t just about placing trades or setting stop losses and take profits. It’s about understanding the system, mastering your emotions, and developing the discipline to trade strategically.

If you want to become an elite trader, remember these keys:

In this industry, knowledge is power, and information is wealth.

If you have more questions about this topic, feel free to drop them in the comment section. We’re here to help you grow.