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Most people fail because
Mitglied seit Jul 23, 2020
816 Posts
Nov 04, 2022 at 16:07
Nowadays, reliability is missing in brokers so traders hardly trust a broker. If a broker fails to provide enough security to traders, it’s not secure for traders.
Mitglied seit Jun 26, 2020
323 Posts
Nov 16, 2022 at 03:11
agree but so many brokers are available in online and most of them are found to be scam. .
Mitglied seit Jul 23, 2020
816 Posts
Dec 06, 2022 at 16:24
Absence of risk management strategy in trading leads to losing on average. It takes away traders’ motivation and traders mostly leave the market for so.
Mitglied seit Jun 26, 2020
323 Posts
Dec 07, 2022 at 04:41
Leaning from own trading mistake is the best practice! But, we should try to complete our main learning process in the beginning stage of trading!
Mitglied seit Nov 29, 2022
40 Posts
Dec 12, 2022 at 08:16
Tradelist45 posted:
Leaning from own trading mistake is the best practice! But, we should try to complete our main learning process in the beginning stage of trading!
True! Rushing with trading takes you nowhere. Take small steps and analyse your trades and learn from them so that you can strategize your trades more effectively in future.
Mitglied seit Aug 26, 2019
15 Posts
Dec 12, 2022 at 10:47
Probably been said multiple times before. Grid Martingale EA's and overleveraging their accounts.
Dec 12, 2022 at 23:30
Different traders has different knowledge, skills and psychology, why many traders fail because forex market full uncertainty, however isn't means no successful trader here, it also depends on our skills, keep learning from the mistake and go ahead.
Dec 15, 2022 at 10:36
Many factors can contribute to trading business failure, including a lack of sufficient knowledge, a lack of essential skills, bad execution, a lack of proper planning, and so on. To be successful in trading, traders must work on several things such as their knowledge, trading abilities, a flawless trading plan, and so on.
Dec 19, 2022 at 08:28
A lot of reasons account for a trader’s failure. In my opinion, the most prominent reason is lack of trading expertise and poor mindset. People take it lightly and are always looking for ways to make quick money. It’s crucial to understand that just like any business, trading requires consistent learning and discipline.
Mitglied seit Jun 26, 2020
323 Posts
Dec 21, 2022 at 11:01
Leaning from own trading mistake is the best practice! But, we should try to complete our main learning process in the beginning stage of trading!
Mitglied seit Mar 17, 2022
46 Posts
Dec 29, 2022 at 08:06
Tradelist45 posted:
Leaning from own trading mistake is the best practice! But, we should try to complete our main learning process in the beginning stage of trading!
If this is the approach you prefer, the then trial-and-error method can be pretty expensive for a live account. It’s better to practise in the demo market. It will save you a lot!
Mitglied seit Jun 26, 2020
323 Posts
Jan 02, 2023 at 11:05
Learning is the foremost ways to keep survive in this volatile trading place in a proper way. But sorry to say maximum traders who are particularly newcomers try to make money from here without learning. As a result they become loser when trading practically. It would be great if we choose the broker which always ensures best trading environment for learning this trading place by providing exclusive educational facilities.
Jan 02, 2023 at 22:19
There is so many reasons why a trader fails, the factor could appear from internal or external factor. Internal factors is included bad emotion control, bad risk management, reckless trading decision, etc. External factors included dynamic market unpredictability, disconnecting problems, etc.
