43 Million Trades Reveal the Shocking Truth About Traders

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How does a normal person think? Well, if you ask 
Rodriguez from FCM, the broker, he did a research  

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on 25,000 of their traders who had executed 43 
million trades over a 15-month period. Here’s  

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the shocker: those 43 million trades actually 
had more winning trades than losing trades.  

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Yeah. In fact, the FCM traders, they were 
good traders; they had a hit rate of 62%.

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That’s not bad. The problem is that 
when they won, they won on average 48  

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points — and this is all trading currencies 
— but when they lost, they lost 82 points.

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You see, if this had been an analysis of my 
trades or your trades, we could say, well,  

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you probably had a bad week or a bad month. 
But when you investigate 25,000 people and  

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their behavior, it’s no longer bad luck. That’s a 
sample space that is worthy of an investigation.  

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And if it had been a couple of trades, ten 
trades, 100 trades, you could argue, well, it’s  

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a small sample space. But 43 million trades, the 
majority of which were executed in euro dollar,

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one of the most liquid instruments 
globally — that’s a pattern.