The reason that new traders fail that doesn't involve psychology

Apr 16, 2015 at 10:28
4,964 Views
98 Replies
Member Since Dec 08, 2016   19 posts
Dec 09, 2016 at 10:12
Many people love the feeling of excitement and want to profit quickly and easily. Because gambling is so popular. Some people equate forex and casino, justifying it by the fact that you are dependent on the element of luck in Forex and the casino.
But this is not true. Forex trading depends on a number of factors that can be studied and thereby to anticipate a good capital investment. In forex, you do not just bet, you buy and sell goods. Speaking of 90% of the people who bear the loss we are talking primarily about those traders who yavlyayutsya beginners and poorly mastered the methods of obtaining information and forecasting.
Member Since Sep 12, 2015   1948 posts
Dec 09, 2016 at 11:02
Depends which games you are playing in the casino , one arm bandit or poker at the table.
"They mistook leverage with genius".
Member Since Jul 20, 2020   341 posts
Sep 23, 2020 at 19:34
Most of the traders lose their money because of their wrong strategies. A wrong decision can put you in great danger. So, try to make a profitable strategy to make money from this risky market.
Member Since Jul 20, 2020   298 posts
Sep 24, 2020 at 00:59
There are many types of traders in the Forex market such as fundamental traders, technical traders, sentimental traders. Each of these 3 types of traders has a different strategy. The strategy of many people is different and that is the best for those who are making a profit with their strategy.
Member Since Jul 27, 2020   102 posts
Sep 28, 2020 at 06:33
Poor strategies or lack of knowledge can be the cause of failure in your trading style
Member Since May 24, 2020   112 posts
Sep 28, 2020 at 14:10
In order to decide on the strategy that suits you best, you can try different options.
Member Since Jun 30, 2020   90 posts
Sep 30, 2020 at 12:19
In addition to the strategy that needs to be developed and tested on a demo account, you also need to have certain knowledge and psychologically adjust yourself to trading, because sometimes this also makes itself felt.
Member Since Jul 20, 2020   232 posts
Oct 02, 2020 at 11:22
Every new trader has to be very serious on their trading. They should make a good plan and chosse the best strategy that suits them perfectly.
Member Since Aug 07, 2020   75 posts
Oct 05, 2020 at 05:39
Due to the fact that the attitude to trading is frivolous and everything is not done as prescribed, this is how beginners really fail.
Member Since Jun 17, 2020   37 posts
Oct 13, 2020 at 06:08
Overconfidence. Overtrading. Revenge trading. Limited experience on demo accounts. High commissions, spreads and fees.
Member Since Nov 16, 2020   16 posts
Nov 30, 2020 at 07:09
Making profits with trading is not as easy as it may appear to be.
Member Since Mar 17, 2021   536 posts
Apr 30, 2021 at 18:35
josejames posted:
Making profits with trading is not as easy as it may appear to be.
Yes. It is very difficult to make money without proper planning.
Member Since Aug 26, 2020   78 posts
May 06, 2021 at 11:10
Thanks to the planning, you can clearly understand the concept - the line of your trading and protect yourself from failures.
Member Since Jul 23, 2020   759 posts
Sep 07, 2021 at 15:09
Psychology plays an important factor in trading. We are human beings.
Member Since Jul 23, 2020   869 posts
Sep 08, 2021 at 15:09
Strength your mind first. After all, it is a mind game.
Member Since Jul 19, 2020   751 posts
Oct 05, 2021 at 15:57
Psychology is important for any traders. No matter whether he is new or old trader. Without proper mindset it's not possible to make money regularly.
Member Since Jul 27, 2020   81 posts
Oct 06, 2021 at 08:24
Psychological aspects are important at any stage, even if a very good professional.
Member Since Sep 14, 2020   12 posts
Nov 12, 2021 at 12:38
I got used to think that all the reasons of fails are concluded in psychology and unwillingness to change something in the approach to trading activity. If you don't treat this activity carefully and you don't have wise approach to it, you will lose all your money I bet. In my opinion, psychology plays major role here because your fails directly depend on psychology. Of course, no doubts, that your first fails come from the lack of experience in trading, nevertheless if we speak about traders who are in trading for about a year or several years and they fail, then it comes to psychology.
Member Since Jul 19, 2020   751 posts
Jan 30, 2022 at 03:11
josejames posted:
Making profits with trading is not as easy as it may appear to be.
People often blow their accounts because they have unrealistic profit targets. People expect to make 100$ to 200$ or 300$ within 2 days in no other business.
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