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The main reason of failure
Nov 30, 2020 at 15:12
604 Angesehen
6 Replies
Nov 30, 2020 at 15:12
The main reason of failure is unwillingness to learning and study. Forex trading is for skilled people. You can't make profit just by following some ready-made strategies available on internet. Beforehand investing your money into market, invest your time for learning. After learning learn to apply your knowledge. It needs time and patience.
Mitglied seit Nov 30, 2020
7 Posts
Nov 30, 2020 at 15:17
I know examples when unlucky traders or even people who don't know how to trade just used EA and so they can earn money
Mitglied seit Jul 23, 2020
816 Posts
Nov 30, 2020 at 16:55
I don't prefer auto trading. However, if you can build EA with your own trading strategy, it is ok.
Mitglied seit Nov 16, 2020
20 Posts
Dec 10, 2020 at 10:08
I think the main reason for failure is lack of proper education, experience, skills and knowledge about anything.
Mitglied seit Jul 23, 2020
696 Posts
Dec 24, 2020 at 18:01
Kroolsc posted:
The main reason could be lack of proper knowledge about trading. Sometimes, the beginners fail to understand how forex works and are unclear about the basics of it.
True. Even experience traders also sometime forget the basic knowledge or rule of trading.
Mitglied seit Jul 20, 2020
286 Posts
Dec 26, 2020 at 02:29
Many people face loss after greed by making small deposits. No one maintains money management and risk with discipline again. Those who engage in such unregulated trading can never expect anything better from Forex.
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