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Most people fail because
Členem od Dec 24, 2013
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Nov 18, 2020 at 15:06
(Upravené Nov 18, 2020 at 15:07)
Členem od Dec 24, 2013
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most peope loose money in forex because they don't trade with <a href='https://www.forex-wikipedia.com/2020/10/how-to-organize-proper-risk-management-in-forex.html'>proper money management</a> tahts why they lose money in forex
Členem od Jul 19, 2020
318 příspěvků
Nov 18, 2020 at 17:35
Členem od Jul 19, 2020
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Most traders fail in this market because of their choosing the wrong strategy. Success in the forex market mainly depends on the trading strategy you are using.
Členem od Jul 19, 2020
788 příspěvků
Nov 19, 2020 at 00:42
Členem od Jul 19, 2020
788 příspěvků
Yes, you are right, most traders do not know what they are doing. If they had gained knowledge about trading, they would not have accepted so much less.
Členem od Aug 17, 2020
123 příspěvků
Nov 19, 2020 at 09:09
Členem od Aug 17, 2020
123 příspěvků
Many people come to trading without adequate knowledge. But in the end I believe you only fail if you stop trying.
Členem od Nov 07, 2020
25 příspěvků
Nov 30, 2020 at 09:55
Členem od Nov 07, 2020
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I think you should spend some more time on improving your knowledge and learning new skills.
Členem od Jun 30, 2020
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Nov 30, 2020 at 10:14
Členem od Jun 30, 2020
90 příspěvků
Well, this is natural, because we do not have a certain experience in order for it to work, you can spend time
Členem od Oct 05, 2020
18 příspěvků
Nov 30, 2020 at 10:42
Členem od Oct 05, 2020
18 příspěvků
DoraWalletInvest posted:That's right. Forex has no more for quitting, only hard workers get good success here.
Many people come to trading without adequate knowledge. But in the end I believe you only fail if you stop trying.
Členem od Mar 04, 2019
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Dec 09, 2020 at 14:26
(Upravené Dec 09, 2020 at 14:44)
Členem od Mar 04, 2019
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Forex trading requires that many different factors are working well simultaneously. It's like a house of cards.. you take one card out and the whole structure collapses. Unfortunately many unprofitable traders jump from strategy to strategy thinking that's the source of the problem while not realizing that the culprit is most likely something else. It's very common that a strategy that works for one trader does not work for another. Usually that's an execution problem that could be based on a psychology factor such as lack of patience or greed. Or simply the fact that they trade the wrong sessions when liquidity is lacking, etc, etc... You must be very organized with your approach to trading. Knowledge through experience (screen time) is essential to proper execution so keeping a journal of every trade will help you figure out (in time) what you're doing wrong. It's a function of figuring out what works and what doesn't.. That's why it can be so hard and frustrating because it's not just one thing, only those VERY stubborn and persistent will figure out how all the pieces of the puzzle work. Not impossible but if you're impatient, greedy, wanting to make the big bucks in a month time you won't succeed at this game... You don't become a competent professional at anything if you lack the will to learn, change what's needed and apply it... Be serious, this is a very demanding game that will not forgive half-ass attempts... but if you're willing to put in the hard work your chances of succeeding will improve thousandfold.
Členem od Jan 11, 2019
147 příspěvků
Dec 09, 2020 at 18:55
Členem od Jan 11, 2019
147 příspěvků
Michihito posted:
Most people fail because they don't know what they are doing. As Warren Buffett said, Risk comes from not knowing what you are doing. Most small traders here are doing nothing but scalping.
Most people fail due to lack of knowledge and control of their emotions
Členem od Nov 28, 2009
47 příspěvků
Dec 09, 2020 at 19:02
Členem od Nov 28, 2009
47 příspěvků
i dont think its because of knowledge, but emotions for sure because of too big positions.
Členem od Jul 19, 2020
788 příspěvků
Dec 10, 2020 at 01:03
Členem od Jul 19, 2020
788 příspěvků
Most traders lose because of their extra emotions. If he does not control his emotions, he will never be able to become a successful trader.
Členem od Sep 12, 2017
238 příspěvků
Dec 10, 2020 at 04:07
Členem od Sep 12, 2017
238 příspěvků
People fail because of lack of patience, knowledge and greed to earn more.
Členem od Apr 18, 2020
54 příspěvků
Dec 10, 2020 at 06:07
Členem od Apr 18, 2020
54 příspěvků
Lack of discipline, proper strategy and knowledge. Main factors responsible for a trader's failure.
Členem od Feb 12, 2020
12 příspěvků
Dec 10, 2020 at 12:33
Členem od Feb 12, 2020
12 příspěvků
More often than not, people fail because of their greed. This is the main enemy of the trader.
Členem od Sep 18, 2020
31 příspěvků
Dec 11, 2020 at 12:21
Členem od Sep 18, 2020
31 příspěvků
Daniel32946 posted:One of the biggest reasons indeed. I have seen people quit forex completely because of greed that wiped them badly.
More often than not, people fail because of their greed. This is the main enemy of the trader.
Členem od Jul 23, 2020
869 příspěvků
Dec 11, 2020 at 17:09
Členem od Jul 23, 2020
869 příspěvků
Antonio_K posted:Right. Solid risk management strategy is essential to survive in the trading.
Another reason is because of lack of a solid risk management strategy.
Členem od Jul 20, 2020
298 příspěvků
Dec 12, 2020 at 02:28
Členem od Jul 20, 2020
298 příspěvků
Most people face loss because of their excessive greed. So every trader should control greed. If greed can be controlled and traded, it is possible to make a profit.
Členem od Dec 16, 2020
23 příspěvků
Jan 07, 2021 at 05:05
Členem od Dec 16, 2020
23 příspěvků
The reason people fail is because they don't have a concrete trading plan.
Členem od Oct 30, 2020
21 příspěvků
Jan 07, 2021 at 05:41
Členem od Oct 30, 2020
21 příspěvků
TR4DEX posted:The reason many forex traders fail is that they are undercapitalized in relation to the size of the trades they make. It is either greed or the prospect of controlling vast amounts of money with only a small amount of capital that coerces {forex traders} to take on such huge and fragile financial risk.
Most people fail because... Greed
must read {Top-hidden-secrets-of-forex-trading}
https://fxreviewtrading.com/articles/top-hidden-secrets-of-forex-trading-and-its-application/
Členem od Oct 01, 2020
49 příspěvků
Jan 19, 2021 at 09:33
Členem od Oct 01, 2020
49 příspěvků
Brank_A posted:There are instances when there are failures due to trader’s own negligence but they learn from those mistakes. Planning can reduce the risk but it’s not a sure thing that every trade goes according to the strategy.
The reason people fail is because they don't have a concrete trading plan.
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