90% is not as-is.
Numbers are a bit more nuanced than that. In fact almost 95% loses money, but those are the traders that hop on the fast-and-easy money train and leave the train soon after boarding, without their money off course.
The question that remains is: from the 5% long-time traders, how do they trade and profit? In my classes i do see that longer timeframes show more appreciation to pure technical analysis. In that respect, trading from H4 or D1 makes a huge difference with H1 or less. Simply because news events are less of an influence.
Numbers are a bit more nuanced than that. In fact almost 95% loses money, but those are the traders that hop on the fast-and-easy money train and leave the train soon after boarding, without their money off course.
The question that remains is: from the 5% long-time traders, how do they trade and profit? In my classes i do see that longer timeframes show more appreciation to pure technical analysis. In that respect, trading from H4 or D1 makes a huge difference with H1 or less. Simply because news events are less of an influence.