
Oct 10 2022 at 10:27
There could be many reasons for this. But from what I have noticed, traders fail because of a lack of trading mindset, skills, etc. They expect to make quick money, without putting any real effort.
Victimology
Miembro desde May 18, 2022
posts 18
Nov 03 2022 at 07:25
Most people fail because they have a desire to become wealthy overnight and jump into trading without gaining information and expertise.
this is very stupid thinking for beginners , by the way when i started trading i also tried it.
Tradelist45
Miembro desde Jun 26, 2020
posts 301
Nov 04 2022 at 07:49
most of the people fail due to same reason, i mean they cannot come out from same mistake. that is the foremost reason why traders doing losses .
True Forex traders have no depression because they know the market condition very well. They learn how to manage trading properly over time.
One of the main causes of Forex trader's tendency to lose trades quickly is poor risk management.
LyudmilLukanov
Miembro desde Jul 23, 2020
posts 869
Nov 04 2022 at 16:07
Nowadays, reliability is missing in brokers so traders hardly trust a broker. If a broker fails to provide enough security to traders, it’s not secure for traders.
I believe most of the traders face tremendous losses because of greed. I was also surrounded by emotions when I was a beginner. But I worked on my psychology and learned how to keep emotions in control.
The mindset of a trader makes them fail. Trading with a wrong mindset can make one fail because that mindset makes one trade the wrong way or overtrade.
Most traders fail due to a lack of trading knowledge and over-trading in order to make quick profits.
besides knowledge we the traders need to ensure a reliable support from a credible trading broker , so broker is really an important factor in Forex trading .
Tradelist45
Miembro desde Jun 26, 2020
posts 301
Nov 16 2022 at 03:11
agree but so many brokers are available in online and most of them are found to be scam. .
The reason is quite simple - lack of experience and greed. This often has a detrimental result.
Trading skills matter a lot, without which traders lose. Besides that, traders need to focus on trading with the right mindset and have control over emotions to avoid making impulsive decisions.
Some traders trade in order to make quick profits, despite a lack of trading knowledge and experience.
AbbasAliKhan08
Miembro desde Apr 19, 2022
posts 79
Nov 18 2022 at 12:20
besides knowledge and experience traders need a reliable support from a credible trading broker. because the broker can affects the result of our trading with certainly.
people fail most of the time due to same reason that is they are not able to control emotions and greed. i think this happens everyday.
Failing has become a common issue over the years because of the greed of new traders. They want to earn even before they learn to take their first steps. Because of greed, overtrading and revenge trading become common reasons for their failures.