99% of retail FX traders are scalpers or day gamblers or "swing" traders.
According to a paper on the BOJ website I'll link below, in 2015 a mindblowing 57% of retail clients were "scalpers".
86% were either scalpers (0 to 1 hour) or day gamblers (1 hour to 1 day).
They excluded those with positions held over 1 month, 1 week to 1 month was only about 5%, much...