90% are loser ..why ?

Sep 01, 2017 at 09:50
16,967 Views
308 Replies
Member Since May 13, 2019   26 posts
Sep 07, 2020 at 16:57
I believe that such a large number of failed traders is due to the fact that newcomers are very greedy and take trading as a casino, not realizing that it is a structured system in which the experience and skills play a significant role. One should understand that nothing is easy, and one should make a lot of effort in any profession, including trading.
Member Since Jul 20, 2020   298 posts
Sep 08, 2020 at 01:41
Every trader should be patient. And trading should be done according to discipline at all times. Without discipline, it is never possible to make a profit in trading. The chances of loss are less if you trade with patience and discipline. Most traders lose because they have less patience and try to make a profit without learning anything. You have to give up greed all the time in trading.
Member Since Sep 08, 2020   35 posts
Sep 21, 2020 at 10:22
Lack of trading discipline is one of the main reasons why traders lose.
Member Since Feb 27, 2020   168 posts
Oct 08, 2020 at 19:58
Before opening a live account you would need to study and practice a lot. Try a demo account in order to make all mistakes there. Treat demo account as you would a live account.
Member Since Jan 12, 2010   14 posts
Oct 08, 2020 at 20:05
lack of discipline is definitely a cause for failure. you can use any trading system to profit, but no system is golden grill. when traders experience a stream of losses, they deviate from strategy and lose.
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Member Since Sep 23, 2020   42 posts
Oct 09, 2020 at 07:19
Shelby10 posted:
Choosing the wrong broker is the main reason to lose the money.

Yup, it does affect the performance of a trader. Must be taken after good research.
Member Since Sep 05, 2020   4 posts
Oct 12, 2020 at 12:40
No one tell me about martingale (averaging positions). Martingale + money managerment + more or less good stretegy = minimum 3% per month.
Member Since Aug 17, 2020   123 posts
Oct 12, 2020 at 13:20
Lack of discipline and running into scams are for sure frequent reasons why someone quits, but I think the biggest reason is when people go into trading with false expectations - they either treat it as a method which will make them rich quickly, or they want to have a high ratio of profit and forget about what that means in terms of risk, or they are simply not aware of their goals and their risk tolerance.
Member Since Jan 03, 2018   162 posts
Oct 12, 2020 at 14:32
netcorp posted:
No one tell me about martingale (averaging positions). Martingale + money managerment + more or less good stretegy = minimum 3% per month.


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nick123427@
Member Since Oct 05, 2020   21 posts
Oct 14, 2020 at 04:47
Trading requires a lot of efforts and hard work. Working smart and working hard comes as a tool for trading. Most people consider it easy and jump into it, making hasty decisions and not knowing how much to risk and this brings their downfall.
Member Since Jan 11, 2019   147 posts
Oct 14, 2020 at 09:08
90 % are losers as they jump without devoting the time in demo no proper knowledge and greed to earn more.
Member Since Jun 23, 2020   34 posts
Oct 14, 2020 at 11:14
Because of lack of practice or overconfidence.
Member Since Jul 19, 2020   751 posts
Nov 02, 2020 at 12:37
Yes forex is too much risky business. You can lose all your money in no time. That's why people follow risk management system. Forex trading is all about how good you are in managing your risk. You can be a profitable trader with a normal strategy if you have good risk management policy.
Member Since Nov 03, 2020   70 posts
Nov 03, 2020 at 06:42
davidkew posted:
Because of lack of practice or overconfidence.
Agree with this. I believe half of us got tempted to do forex trading thinking it is easy to make profit until the reality hit you real hard.
Member Since Nov 03, 2020   65 posts
Nov 03, 2020 at 14:23
This is because we always want the profit to be large, and the efforts made to be minimal.
Member Since Mar 17, 2021   536 posts
Apr 10, 2021 at 16:00
DoraWalletInvest posted:
Lack of discipline and running into scams are for sure frequent reasons why someone quits, but I think the biggest reason is when people go into trading with false expectations - they either treat it as a method which will make them rich quickly, or they want to have a high ratio of profit and forget about what that means in terms of risk, or they are simply not aware of their goals and their risk tolerance.
Besides discipline, Many traders don't have proper knowledge about trading. That is one of the most important reason to lose money in this market.
Member Since Aug 09, 2017   785 posts
Jul 29, 2021 at 08:41
Only good trading knowledge cannot brings profit regularly. Besides trading knowledge you have to focus on money and risk management which is the key to success in Forex trading.
Member Since Jul 29, 2021   8 posts
Jul 29, 2021 at 10:49
Then where are they? Basically there are hardly anyone making actual profit from forex. Those that claim so are scammers.
Member Since Jul 23, 2020   759 posts
Jul 31, 2021 at 18:00
People are greedy and tend to trade with emotion. That why they fail.
Member Since Jul 23, 2020   869 posts
Aug 04, 2021 at 10:01
Most traders are losers especially new traders. Because they do not how to trade properly.
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