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Why people lose money in Forex Trading?
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CanoeMussy

Member Since Jul 03, 2020  3 posts CanoeMussy Jul 03 at 10:19
The reason why people lose money in forex is due to their poor risk management and no precise trading plans. Some more reasons can be: lack of experience and knowledge, greed, overtrade, and not analyzing the market.

Zebedi55

Member Since Apr 09, 2020  2 posts Zebedi55 Jul 03 at 11:34
People lose their money because the market was designed to lose 99%, and only selected or random people could earn.

breakforex

Member Since Oct 20, 2009  41 posts Break Forex (breakforex) Jul 03 at 11:55
one answer .. poor risk: reward !! Exit more important than entry !!

Gabriel99

Member Since Oct 07, 2019  32 posts Gabriel99 Jul 04 at 09:46
Because of lack of money management and proper trading plan.

Andronn

Member Since Jun 30, 2020  24 posts Andronn Jul 05 at 03:23
For forex, in principle, this is normal, unless, of course, you are in the loss zone.

first_time

Member Since Jun 22, 2020  34 posts first_time Jul 06 at 07:16
Greed and overconfident are the two common issues to why people are money. There might be more.

MarsGood1

Member Since May 04, 2020  5 posts MarsGood1 Jul 06 at 07:46
more often than not, people lose their money from greed. A person sees that there is already profit, but he doesn’t close the deal, because he thinks he’ll earn a little more now and then close it, but most often after that he loses his money.

Kazile

Member Since Apr 25, 2020  52 posts Kazile Jul 06 at 14:07
Losses may be due to ill-considered risks.

onlineaddict

Member Since Mar 31, 2020  13 posts Online Addict (onlineaddict) Jul 06 at 21:03
How many people out of 7 billion on the planet are successful entrepreneurs? Only a few, not even 1%. There is your answer...forex is a business like any other. It takes hard work and skill, there are no shortcuts. People who can't do it, call it gambling, but its no more gambling than any other business.

From$1toMillion
divinamarine

Member Since May 15, 2020  8 posts divinamarine Jul 07 at 05:08
According to me, lack of experience, skills, trading plan and strategies led to this. Sometimes non controlling of the emotions play a role too. Can y'all share some tips on how to be profitable?

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.