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Why people lose money in Forex Trading?
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CanoeMussy

Mitglied seit Jul 03, 2020  3 Beiträge CanoeMussy Jul 03 at 10:19
The reason why people lose money in forex is due to their poor risk management and no precise trading plans. Some more reasons can be: lack of experience and knowledge, greed, overtrade, and not analyzing the market.

Zebedi55

Mitglied seit Apr 09, 2020  2 Beiträge Zebedi55 Jul 03 at 11:34
People lose their money because the market was designed to lose 99%, and only selected or random people could earn.

breakforex

Mitglied seit Oct 20, 2009  41 Beiträge Break Forex (breakforex) Jul 03 at 11:55
one answer .. poor risk: reward !! Exit more important than entry !!

Gabriel99

Mitglied seit Oct 07, 2019  32 Beiträge Gabriel99 Jul 04 at 09:46
Because of lack of money management and proper trading plan.

Andronn

Mitglied seit Jun 30, 2020  29 Beiträge Andronn Jul 05 at 03:23
For forex, in principle, this is normal, unless, of course, you are in the loss zone.

first_time

Mitglied seit Jun 22, 2020  34 Beiträge first_time Jul 06 at 07:16
Greed and overconfident are the two common issues to why people are money. There might be more.

MarsGood1

Mitglied seit May 04, 2020  9 Beiträge Mars (MarsGood1) Jul 06 at 07:46
more often than not, people lose their money from greed. A person sees that there is already profit, but he doesn’t close the deal, because he thinks he’ll earn a little more now and then close it, but most often after that he loses his money.

Kazile

Mitglied seit Apr 25, 2020  61 Beiträge Kazile Jul 06 at 14:07
Losses may be due to ill-considered risks.

onlineaddict

Mitglied seit Mar 31, 2020  14 Beiträge Online Addict (onlineaddict) Jul 06 at 21:03
How many people out of 7 billion on the planet are successful entrepreneurs? Only a few, not even 1%. There is your answer...forex is a business like any other. It takes hard work and skill, there are no shortcuts. People who can't do it, call it gambling, but its no more gambling than any other business.

From$1toMillion
divinamarine

Mitglied seit May 15, 2020  8 Beiträge divinamarine Jul 07 at 05:08
According to me, lack of experience, skills, trading plan and strategies led to this. Sometimes non controlling of the emotions play a role too. Can y'all share some tips on how to be profitable?

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.