Forex market change?

[Minor Miner]

The forex market has never been the way we were trading it before and it's looking like their are big forces in the market now that is making traders to lose money than what they suppose to be losing. In comparison, the crypto market has been quite profitable than the forex market and that is why we have been seeing so many traders leaving the forex market to use the crypto.

On what basis do you assume that forex traders are leaving the market and switching to crypto trading? What data shows that crypto trader are making better profits than forex trader?

I do not know if you have ever traded or are currently trading forex. But with a few years of experience in the forex market, I can say that the vast majority of forex traders do not like crypto. Because crypto is full of manipulation, extreme volatility, and abnormal price movements, making analysis far more difficult, and many traders simply do not like that.

They might invest in Bitcoin in the long term, but they would not abandon forex trading to switch to crypto trading.

[Gozie51]

I don't know who else noticed this but if you did don't ignore it, take a break and try to understand how the markets moves at this point before you start trading again, learning never ends.

It would have been better if you showed what actually changed either generally or from your own side. They say if you leave something for along time, you don't expect to just immediately get use to it again, maybe that is what has changed to you. Otherwise, we know that the forex market is still volatile even though it is regulated by government. We know that government make policy from time to time but it doesn't retrict profiting traders from making profit. We know you have to go through KYC when registering in the brokers platform. The daily news is still there which is very dangerous to ignore.

What has really changed? Nothing much than if you don't know what you are doing, you must lose your money. 

[Doll2233]

It is very valid point and OP pointed out it correctly that adaptability is being a reading core strategies, market evolves over time especially with the rise of trading and shifting global macroeconomics. If we try to use strategy from five years back market gonna chop us for that. Professional always study the new price actio by stepping back from charts and re evaluating the edge of the market. And it's true specific tactics and the speed of the market might change, the core underlying psychology never does. Human emotion doesn't change that is why failure rate for retail traders remains exactly the same. People usually blame the "changing market conditions" when, in reality, it was just their own lack of discipline and poor risk management that blew up their account.