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Most traders don't get success

UweMoench
Oct 16 2020 at 12:57
647 Posts
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.

LeviSievwright5
Oct 17 2020 at 00:52
298 Posts
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.

Dorigda
Oct 17 2020 at 07:39
83 Posts
Success is achieved by those who take this trade seriously and treat it like a business.

Michihito
Oct 17 2020 at 13:18
298 Posts
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.

GeorgeBischof
Oct 24 2020 at 16:12
318 Posts
Most of the traders don't get success because of their strategies. Most traders choose the wrong strategies.

ElliotCooke
Oct 25 2020 at 11:17
341 Posts
Most traders don't get success because they have no knowledge about the market and trading.

PETREA
Oct 25 2020 at 12:22
1 Posts
idea of best way to learn about forex and trade

LeviSievwright5
Oct 26 2020 at 02:23
298 Posts
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.

Josuvaphilip
Nov 05 2020 at 11:32
27 Posts
The reason why most traders don’t get success is because they can keep a control on their emotions.

Mikehamilton
Nov 06 2020 at 11:49
33 Posts
When trading, make sure that you obtain enough knowledge. Lack of knowledge is the main reason for people losing money while trading.

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