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Most people fail because

franklinmckinney
Jul 10 at 11:31
10 Posts
Most people fail because they get into overtrading or don’t pay interest in knowing about the market. The ones who fail are mostly who just enter into the market to just have profits.

Tremblay
Jul 13 at 17:33
330 Posts
franklinmckinney posted:
Most people fail because they get into overtrading or don’t pay interest in knowing about the market. The ones who fail are mostly who just enter into the market to just have profits.

Yes. Most traders lose their money because of their low knowledge about trading.

sopranoberidze
Jul 14 at 10:08
8 Posts
Most people fail because trading is so hard. Making a consistent profit is almost impossible without inside knowledge

RyanSimpson
Jul 14 at 10:19
3 Posts
It's nowhere near impossible to make consistent profits. You just have to learn to read the charts properly. Forget indicators. Forget support and resistance. Read the candles properly, as they tell you exactly what the banks are doing. Dump the retail trading methods, signals and EAs

mab8
Jul 14 at 11:47
40 Posts
Yes I agree that most people tend to fail in trading because they only think about the goal of making profits, and disregard the need for proper analysis prior to making a trading decision. Trends need to be discerned, and a trading strategy should be in place to help you make proper choices at the best possible time.

UweMoench
Aug 04 at 05:58
545 Posts
@mab8 yes people more focused on making money than developing skills to make money. As a result, they do not able to make consistent profit.

notoriousfox1
Aug 04 at 11:14
6 Posts
But at some point you need to then focus on making money. When to know the transition to do that

cardigan
Aug 04 at 11:46
90 Posts
UweMoench posted:
@mab8 yes people more focused on making money than developing skills to make money. As a result, they do not able to make consistent profit.

Agreed! They think if they can make the money, then why bother learning skill? When it is actually the other way round.

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