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Why people lose money in Forex Trading?

CanoeMussy
Jul 03 2020 at 10:19
37 posts
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
Jul 03 2020 at 11:34
2 posts
People lose their money because the market was designed to lose 99%, and only selected or random people could earn.

breakforex (breakforex)
Jul 03 2020 at 11:55
43 posts
one answer .. poor risk: reward !! Exit more important than entry !!

Gabriel99
Jul 04 2020 at 09:46
37 posts
Because of lack of money management and proper trading plan.

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

first_time
Jul 06 2020 at 07:16
73 posts
Greed and overconfident are the two common issues to why people are money. There might be more.

MarsGood1 (MarsGood1)
Jul 06 2020 at 07:46
13 posts
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
Jul 06 2020 at 14:07
116 posts
Losses may be due to ill-considered risks.

onlineaddict (onlineaddict)
Jul 06 2020 at 21:03
24 posts
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.

divinamarine
Jul 07 2020 at 05:08
8 posts
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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