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90% are loser ..why ?
Member Since May 13, 2019
26 posts
Sep 07, 2020 at 16:57
Member Since May 13, 2019
26 posts
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
Member Since Jul 20, 2020
298 posts
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
Member Since Aug 17, 2020
123 posts
Oct 12, 2020 at 13:20
Member Since Aug 17, 2020
123 posts
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 Oct 05, 2020
21 posts
Oct 14, 2020 at 04:47
Member Since Oct 05, 2020
21 posts
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
Nov 02, 2020 at 12:37
Member Since Jul 19, 2020
751 posts
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
65 posts
Member Since Mar 17, 2021
536 posts
Apr 10, 2021 at 16:00
Member Since Mar 17, 2021
536 posts
DoraWalletInvest posted: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.
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 Jul 29, 2021
8 posts
Member Since Jul 23, 2020
759 posts
Member Since Jul 23, 2020
869 posts
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