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90% are loser ..why ?

SteveHanks
Apr 10 at 16:00
305 posts
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.

RobSchiz
Jul 26 at 17:06
304 posts
SteveHanks posted:
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.

Yes. Proper knowledge is very important to reduce the losses.

Imamul
Jul 29 at 08:41
615 posts
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.

croisssan
Jul 29 at 10:02
215 posts
To be honest, I would not rate this statistic so negatively. In my opinion, a lot more traders can get profit than 10%

islandrock
Jul 29 at 10:49
8 posts
Then where are they? Basically there are hardly anyone making actual profit from forex. Those that claim so are scammers.

SofieAndreasen
Jul 31 at 18:00
571 posts
People are greedy and tend to trade with emotion. That why they fail.

croisssan
Aug 01 at 09:22
215 posts
Well, I think the statistics are not so negative. Also, quite a lot depends on the broker. For example, when I started working with a broker, I worked with a demo account, got experience and the results became better.

Davidfx89
Aug 02 at 10:24
39 posts
90% losers from this trading place , because most of the traders take this market place as money making game without any kind of learning.

LyudmilLukanov
Aug 04 at 10:01
547 posts
Most traders are losers especially new traders. Because they do not how to trade properly.

HeavenLeighGill (HeavLeighGill26)
Aug 19 at 02:26
54 posts
People don't want to stick with it once they realize that it's actually difficult. I think in a lot of cases influencers convince them that they'll have lambos and women hanging off their arm and romanticize it to draw them in....then they blow their accounts (usually because of a lack of knowledge) and move on to the next thing. Others get attracted because they want to give themselves or their family a better life so they have good intentions but just don't know what they're doing. If people spent more time educating themselves and practicing before jumping in, I think that more of them would be successful.

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