Quit from trading ?

Oct 25, 2019 at 10:31
2,263 Views
48 Replies
Member Since Apr 01, 2020   231 posts
Aug 31, 2020 at 00:53
I think people face loss because of their own mistakes. Most of the traders fail in Forex because they do not have good knowldge and skills about Forex and want to become rich fast but do not want to learn Forex proprtly.
Member Since Jul 19, 2020   751 posts
Sep 01, 2020 at 14:50
Those who are addicted can never give up fully. Most traders make trading their addiction. But then too there are also traders who never come back again. You should give up when you are making same mistakes over the years.
Member Since Sep 13, 2020   22 posts
Sep 14, 2020 at 08:15
Many give up due to the following reasons ( in most cases ).

1) Choosing the wrong broker might make you give up forex forever.
2) Starting live trades without learning or practising.
3) Not using proper money management methods.
4) Thinking about getting rich immediately =D

but most of those who came back after such failures are successful traders.
Never Ever Give Up
Member Since Sep 13, 2020   22 posts
Sep 14, 2020 at 08:15
Dictiony posted:
I think people face loss because of their own mistakes. Most of the traders fail in Forex because they do not have good knowldge and skills about Forex and want to become rich fast but do not want to learn Forex proprtly.
well said bro
Never Ever Give Up
Member Since Oct 01, 2020   37 posts
Oct 09, 2020 at 11:22
There are many traders quitting trading than the ones who remain in the market to learn, explore, and make profits after a few losses.
Member Since Aug 17, 2020   123 posts
Oct 10, 2020 at 09:45
I also think that there are many who, unfortunately, end up quitting for a lifetime. Some people lose capital because they start trading without proper knowledge, others run into scams and lose hope. Some even spread the rumor that trading is nothing more than gambling, or that by any means it was not their fault that they ended up with losses. This is why it is so important to educate yourself.
Member Since Jul 19, 2020   298 posts
Oct 10, 2020 at 13:50
Quiting is not an option. But at the same time it's the best option if anyone think he is not progessing in terms of learning and skills. Learning from mistakes is the best kind of learning.
Member Since Aug 17, 2020   123 posts
Oct 12, 2020 at 13:07
Michihito posted:
Quiting is not an option. But at the same time it's the best option if anyone think he is not progessing in terms of learning and skills. Learning from mistakes is the best kind of learning.

Well said! The important thing is not whether we make mistakes, it's whether we can learn from our mistakes.
Member Since Aug 12, 2020   16 posts
Jan 21, 2022 at 20:34
Come on, there are lots of people who cannot even look at tradingafter they lost all their budgets. There are thousands of such people who were discouraged completely.
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