When you are in the game of probabilities, loosing is expected. Everyone at some point of time lose money in forex. Forex is a risky business and loosing is the part of the risk. It’s just that even if you fail, don not blow up. Get back on the floor and trade again with a more dedicated approach. Trade what you see, not what you think!
Another reason to lose money is to get scammed, which happens more often than one might think (https://smnweekly.com/tag/scam/). One needs to always double-check whatever information is provided by organizations that offer them easy profits, and then research said organizations on their own.
In fact you should trade only with the money that you are ready to lose, even completely. As correctly said earlier, losing is part of the game but another part is to have enough capital to sustain losses and still get a profit over the long run. In other words, don't spend your last dollars on trading hoping to multiply them.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.