Most traders don't get success

Oct 16, 2020 at 12:57
1,883 zobrazení
39 Replies
Členem od Jul 19, 2020   751 příspěvků
Oct 16, 2020 at 12:57
Truly most traders don't get success in forex. The reason is their trading decisions are not based on sound research and learning. They think forex is a cash machine. You trade and procure immense cash. They don't consider it as a business.
Členem od Jul 20, 2020   298 příspěvků
Oct 17, 2020 at 00:52
Most traders cannot be successful because they do not have good knowledge about trading. If you want to make a profit in trading, you must develop skills with patience. You have to make a profit by combining many strategies. Loss can occur if this combination is not correct. All in all, if you want to make a profit from trading, you have to learn first.
Členem od Apr 15, 2020   83 příspěvků
Oct 17, 2020 at 07:39
Success is achieved by those who take this trade seriously and treat it like a business.
Členem od Jul 19, 2020   298 příspěvků
Oct 17, 2020 at 13:18
Yes only around 5% traders are successful for long term. Lack of skills and psychology is the main reason of such failure. People give more focus on trading than learning. But learning should be the first priority.
Členem od Jul 19, 2020   318 příspěvků
Oct 24, 2020 at 16:12
Most of the traders don't get success because of their strategies. Most traders choose the wrong strategies.
Členem od Jul 20, 2020   341 příspěvků
Oct 25, 2020 at 11:17
Most traders don't get success because they have no knowledge about the market and trading.
Členem od Oct 25, 2020   1 příspěvků
Oct 25, 2020 at 12:22
idea of best way to learn about forex and trade
Členem od Jul 20, 2020   298 příspěvků
Oct 26, 2020 at 02:23
Forex is not a money-making machine. If you want to make a profit here, you have to develop skills first. And need to collect information. Need to know about money management and risk management. It is better to focus on education without focusing on profit. Profit will be automatic if you have proper knowledge about trading.
Členem od Jul 20, 2020   232 příspěvků
Nov 26, 2020 at 08:12
Most of the traders don't get success because of their low knowledge. Without knowledge, no trader can survive in this risky market.
Členem od Jul 23, 2020   869 příspěvků
Nov 26, 2020 at 17:24
Mikehamilton posted:
Most people lose in the forex market because they can’t keep their emotions aside. They become emotional and overtrade.
That’s true. I think fear of lose make the trader to do overtrading. So, invest small and keep your fear in control.
Členem od Nov 06, 2020   24 příspěvků
Dec 02, 2020 at 10:25
Not all traders can be successful because not all of them have the required knowledge about trading.
Členem od Jul 23, 2020   759 příspěvků
May 09, 2021 at 14:06
Lack of knowledge and strategy are the most common causes for failure in the trading market.
Členem od May 27, 2021   8 příspěvků
May 27, 2021 at 13:25
I think every trader has their own reason for not being successful in the market. It becomes quite important for everyone to research and develop the necessary skills required for trading forex.
Členem od Jan 22, 2021   125 příspěvků
May 27, 2021 at 15:28
Due to less knowledge of the forex market, this happens. For a trader, it is very important that you must know how to place good trades with proper trading strategy. and don't forget to back-test the strategies.
Členem od Mar 17, 2021   536 příspěvků
May 27, 2021 at 19:27
SofieAndreasen posted:
Lack of knowledge and strategy are the most common causes for failure in the trading market.
I agree with you. Proper knowledge is mandatory to trade in the forex market.
Členem od Apr 03, 2021   470 příspěvků
May 27, 2021 at 23:19
Because this reason forex called a high-risk high gain business, in success story we will read many traders that able to make big money from trading and look like very easy but in the fail story, an opposite story like as losing big money in forex then try to suicide, bankruptcy because forex has many debt in the bank etc,
Členem od May 27, 2021   64 příspěvků
May 28, 2021 at 07:40
Most traders don't get success in the forex market because of poor risk management.
Členem od May 27, 2021   57 příspěvků
May 28, 2021 at 08:55
I believe that the major reason for getting losses in forex is lack of knowledge and getting impatient to make maximum profits in a short span of time.
Členem od Mar 28, 2021   617 příspěvků
May 29, 2021 at 10:12
Yes most traders do not get success because they are not skilled enough to be successful. To be a successful traders, one needs to have good analysis skills and a sound and composed mind.
Členem od Sep 04, 2020   4 příspěvků
May 29, 2021 at 10:55
Sometimes, overconfidence is also the reason for failure. Little knowledge, big ambitions and the result is a big loss
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