Traders in Poland lost $151 million in 2018 alone
Posted: Fri Apr 05, 2019 1:04 am
According to the Polish Financial Oversight Commission (PFOC) in 2018 Polish traders lost over 151 million USD.
And if you divided that figure between the nearly 35 000 trading accounts that ended the year in red, it turns out that for the 12 month period a Polish trader has lost on average about 4400 USD.
Al in all 78.9 percent of all retail traders in the country lost money in 2018, marking a slight decrease form 2017 when 79.7 percent of all traders lost money, the PFOC data also shows.
That is more or less in line with the industry average as most brokers regulated in the European Union report losses for about 80 percent of their clients.
And if you divided that figure between the nearly 35 000 trading accounts that ended the year in red, it turns out that for the 12 month period a Polish trader has lost on average about 4400 USD.
Al in all 78.9 percent of all retail traders in the country lost money in 2018, marking a slight decrease form 2017 when 79.7 percent of all traders lost money, the PFOC data also shows.
That is more or less in line with the industry average as most brokers regulated in the European Union report losses for about 80 percent of their clients.