Over 34% of traders gained in the Forex market in the fourth quarter

Polish brokerage houses, with the entry into force of the new KNF guidelines, are required to publish quarterly profitability results for their clients from September 31, 2016. According to the document, each DM operating on the Forex market must present the above-mentioned statistics by the 10th day of the first month of the new quarter for the previous quarter. Yesterday, the Chamber of Brokerage Houses presented the average values ​​of these results, which are presented in the table below.

More about the KNF guidelines: https://forexclub.pl/minal-termin-wdrozenia-wytycznych-knf-sie-zmieni/

In the fourth quarter, the behavior of the relationship from the third quarter can be seen, where the best results were achieved on instruments of bond and interest rate contracts (52,2%). CFD transactions on stock indices (38,7%) and Forex (34,5%) are clearly lower, but still high. The results that investors achieve in the Forex market are to some extent dependent on the volatility of instruments, as well as the prevailing trends. When analyzing global performance, it can be concluded that low volatility usually favors more favorable outcomes, similar to periods of market consolidation.

Although on the vast majority of instruments statistics look unfavorably (below 50% of earners) it can undoubtedly be considered a great result, which again dispels the myth of 5%, and even 10% of earning traders.