90% are loser ..why ?
Mitglied seit Aug 05, 2021
401 Posts
Aug 19, 2021 at 02:26
People don't want to stick with it once they realize that it's actually difficult. I think in a lot of cases influencers convince them that they'll have lambos and women hanging off their arm and romanticize it to draw them in....then they blow their accounts (usually because of a lack of knowledge) and move on to the next thing. Others get attracted because they want to give themselves or their family a better life so they have good intentions but just don't know what they're doing. If people spent more time educating themselves and practicing before jumping in, I think that more of them would be successful.
Mitglied seit Aug 23, 2021
8 Posts
Aug 23, 2021 at 09:05
I was losing my deposits becasue forex is a casino
Now I'm trading news only and invest in ETF
Now I'm trading news only and invest in ETF
no day trading at all 420 days, 3 hours, 12 min
Mitglied seit Apr 09, 2019
538 Posts
Aug 23, 2021 at 09:19
Because people fail to understand this is a profession. I would think if you could have a go at brain surgery straight away without any learning or practice you'd have a worse than 90% death rate.
If you can't spot the liquidity then you are the liquidity.
Mitglied seit Aug 16, 2021
9 Posts
Aug 23, 2021 at 12:45
sebking1986 posted:So true. Trading forex is easy to do but very difficult to do well. People underestimate that
Because people fail to understand this is a profession. I would think if you could have a go at brain surgery straight away without any learning or practice you'd have a worse than 90% death rate.
Aug 24, 2021 at 00:57
sebking1986 posted:Yes, you need knowledge first to trade. You can never make a profit without trading knowledge.
Because people fail to understand this is a profession. I would think if you could have a go at brain surgery straight away without any learning or practice you'd have a worse than 90% death rate.
Mitglied seit Mar 17, 2021
536 Posts
Aug 31, 2021 at 07:43
AliaDare posted:Without proper knowledge, no trader can become successful in this market.sebking1986 posted:Yes, you need knowledge first to trade. You can never make a profit without trading knowledge.
Because people fail to understand this is a profession. I would think if you could have a go at brain surgery straight away without any learning or practice you'd have a worse than 90% death rate.
Mitglied seit Aug 31, 2021
3 Posts
Aug 31, 2021 at 12:55
A lack of patience and insufficient market structure knowledge. A lot dont bother with demo for long enough and strategy hoping
Never give up
Nov 16, 2021 at 08:50
I think everything because people when they start trading activity treat it unproperly. They allege that trading activity is just the easiest way to earn money and you literally make money from nothing.
Of course, it's a great misconception and such people don't stay too long in trading, because they rapidly lose all their accumulations and quit trading forever. The vast majority of traders include such type of traders. In my opinion, everything depends on how you treat trading and your relation to it. If this relation is unwise and you just playing with trading, then you pehaps will never come to success.
Guess that these are the main reasons of such statistics. The harder you work, the more you will get finally.
Of course, it's a great misconception and such people don't stay too long in trading, because they rapidly lose all their accumulations and quit trading forever. The vast majority of traders include such type of traders. In my opinion, everything depends on how you treat trading and your relation to it. If this relation is unwise and you just playing with trading, then you pehaps will never come to success.
Guess that these are the main reasons of such statistics. The harder you work, the more you will get finally.
Mitglied seit Aug 10, 2021
178 Posts
Nov 17, 2021 at 01:50
I don't think that is possible because new traders join in forex every day and lose money for lack of knowledge and strategy. Therefore, you should earn money in forex if you do not wish to learn about forex trading.
Nov 19, 2021 at 08:14
90% of traders lose money, and it is no wonder because new traders are not taught correctly, and they take forex as a game or pastime. Traders must learn how to trade and not play with money; otherwise, you will end up losing all of your hard-earned cash in a few months, and you will be thinking about quitting.
Jan 11, 2022 at 20:30
The most part of traders lose their money just because they don't have enough skills and experience for earning this money. I believe that everything can be connected with their wishes to have money right away and they come to trading with fake beliefs that they will earn money within couple of days.
Trading, as well as any other activities, implies lots of work and patience. The more time you are ready to dedicate to trading, the more impact from this activity you will get. There are no activities in the world which will generate you money just for nothing, People have to do something in order be successful.
Trading, as well as any other activities, implies lots of work and patience. The more time you are ready to dedicate to trading, the more impact from this activity you will get. There are no activities in the world which will generate you money just for nothing, People have to do something in order be successful.
Mar 28, 2022 at 06:21
Trading is a tempting business, and everyone wants to make money quickly. However, it is impossible, and a majority of new traders don’t put in the hard work to learn those skills and take risks. Lack of risk management, poor trading psychology, or no trading plan are different reasons. But overall, they fail because they’re not ready to commit and work hard.
