To use chat, please login.
Back to contacts
AniLorak
Oct 30 2019 at 06:59
905 posts
Roberto21 posted:
Actually only due to lack of trading knowledge is not the foremost reason for failing , according to me most of them are loser because of emotions and they try to take revenge when fall a loss. Nothing without it there is no reason behind major losses.


Correct; a number of new traders start their live trading too early; and they lose their own money in a regular basis. Because, they are trading with an ordinary trading skill.

EliteCapital1
Nov 06 2019 at 00:15
13 posts
Forex is a long term game not get rich quick system. I am the proof of that. when I started i traded in short time mind set and I made lot of money. But lost all of it. Then I started to look in long term goal and changed my strategy that way. I have not looked back since 2016.

finnishpension
Nov 06 2019 at 11:28
11 posts
90% are loser in life it is not surprising that 90% also lose at Forex

Forexquanten
Nov 06 2019 at 22:12
9 posts
I think in this topic all reasons have been sayed, so i just can say my idea why many people lose in forex, i think its because they dont take enough care about money management, because they dont know how important it can be, because if you use to much lotsize and somethink goes wrong then you lose to much or everythink and the markets are full of false signals, everyday things go other way then somebody have think and only if you did not use to much lotsize you have the chance to continue with trading but if you have use to much lotsize then you have propably already lose the complete account. that i think is the main problem.


Professional4X
Nov 06 2019 at 22:34
1189 posts
finnishpension posted:
90% are loser in life it is not surprising that 90% also lose at Forex


People who trade like 90% of people, will lose like 90% of people.


If it looks too good to be true, it's probably a scam! Let the buyer beware.
dgunawan
Nov 07 2019 at 05:00
1 posts
90 percent loser, coz they want to get rich quick...10 percent winner becoz...Passion...they think about it night and day to have a better trade the next day, got beat up and get back up and try again...and enjoy the proses, how to manage greed and take the punishment when wrong.
don't chase the money, start with a small live account if a demo account doesn't bite your adrenalin. follow Pro trader on tradingview or myfxbook, study the reason behind the chart they draw, read the news to feel the sentiment. Don't focus to grow your account when you are new to trading, but focus improve your skill and Benjamin will follow you !!!

Quote 'Never Heard of Great Success people with an easy past'.

niceGLer
Nov 07 2019 at 11:01
162 posts
Spread is the main reason. Market plays are the second. If one opens arbitrarily positions, and closes them after 20 pip loss and profit, losses equal to spread :)

Other reasons are the ones mentioned above, I guess :)

vontogr (togr)
Nov 07 2019 at 14:58
4852 posts
finnishpension posted:
90% are loser in life it is not surprising that 90% also lose at Forex

Nope. Spread has nothing to do with your loss. With good broker spread is so small that you can become profitable in less than minute.

Poor trading skills
Greed
Lack of concentration
Emotions

These are the main problems of manual trader.

steveday1976
Nov 07 2019 at 15:39
50 posts
finnishpension posted:
90% are loser in life it is not surprising that 90% also lose at Forex
, LOL, maybe a bit high but there are certainly a lot.

steveday1976
Nov 07 2019 at 15:40
50 posts
Forexquanten posted:
I think in this topic all reasons have been sayed, so i just can say my idea why many people lose in forex, i think its because they dont take enough care about money management, because they dont know how important it can be, because if you use to much lotsize and somethink goes wrong then you lose to much or everythink and the markets are full of false signals, everyday things go other way then somebody have think and only if you did not use to much lotsize you have the chance to continue with trading but if you have use to much lotsize then you have propably already lose the complete account. that i think is the main problem.

MM is very important.

Please login to comment.