The reason that new traders fail that doesn't involve psychology
Mitglied seit Dec 08, 2016
19 Posts
Dec 09, 2016 at 10:12
Many people love the feeling of excitement and want to profit quickly and easily. Because gambling is so popular. Some people equate forex and casino, justifying it by the fact that you are dependent on the element of luck in Forex and the casino.
But this is not true. Forex trading depends on a number of factors that can be studied and thereby to anticipate a good capital investment. In forex, you do not just bet, you buy and sell goods. Speaking of 90% of the people who bear the loss we are talking primarily about those traders who yavlyayutsya beginners and poorly mastered the methods of obtaining information and forecasting.
But this is not true. Forex trading depends on a number of factors that can be studied and thereby to anticipate a good capital investment. In forex, you do not just bet, you buy and sell goods. Speaking of 90% of the people who bear the loss we are talking primarily about those traders who yavlyayutsya beginners and poorly mastered the methods of obtaining information and forecasting.
Mitglied seit Sep 12, 2015
1948 Posts
Dec 09, 2016 at 11:02
Depends which games you are playing in the casino , one arm bandit or poker at the table.
"They mistook leverage with genius".
Mitglied seit Jul 20, 2020
341 Posts
Sep 23, 2020 at 19:34
Most of the traders lose their money because of their wrong strategies. A wrong decision can put you in great danger. So, try to make a profitable strategy to make money from this risky market.
Mitglied seit Jul 20, 2020
298 Posts
Sep 24, 2020 at 00:59
There are many types of traders in the Forex market such as fundamental traders, technical traders, sentimental traders. Each of these 3 types of traders has a different strategy. The strategy of many people is different and that is the best for those who are making a profit with their strategy.
Mitglied seit Jul 20, 2020
232 Posts
Oct 02, 2020 at 11:22
Every new trader has to be very serious on their trading. They should make a good plan and chosse the best strategy that suits them perfectly.
Mitglied seit Mar 17, 2021
536 Posts
Apr 30, 2021 at 18:35
josejames posted:Yes. It is very difficult to make money without proper planning.
Making profits with trading is not as easy as it may appear to be.
Mitglied seit Jul 23, 2020
759 Posts
Sep 07, 2021 at 15:09
Psychology plays an important factor in trading. We are human beings.
Mitglied seit Jul 23, 2020
869 Posts
Sep 08, 2021 at 15:09
Strength your mind first. After all, it is a mind game.
Mitglied seit Sep 14, 2020
12 Posts
Nov 12, 2021 at 12:38
I got used to think that all the reasons of fails are concluded in psychology and unwillingness to change something in the approach to trading activity. If you don't treat this activity carefully and you don't have wise approach to it, you will lose all your money I bet. In my opinion, psychology plays major role here because your fails directly depend on psychology. Of course, no doubts, that your first fails come from the lack of experience in trading, nevertheless if we speak about traders who are in trading for about a year or several years and they fail, then it comes to psychology.
Jan 30, 2022 at 03:11
josejames posted:People often blow their accounts because they have unrealistic profit targets. People expect to make 100$ to 200$ or 300$ within 2 days in no other business.
Making profits with trading is not as easy as it may appear to be.
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