Most people fail because

Oct 04, 2020 at 11:33
Vues 4,254
77 Replies
Membre depuis Jul 19, 2020   posts 298
Oct 04, 2020 at 11:33
Most people fail because they don't know what they are doing. As Warren Buffett said, Risk comes from not knowing what you are doing. Most small traders here are doing nothing but scalping.
Membre depuis Jul 19, 2020   posts 751
Oct 07, 2020 at 11:10
Yes the reason of failure is lack of knowledge and skills. Most people here open trade out of hope. They hope price will go this or that way. But to be profitable we need skills and control over our emotions.
Membre depuis Jul 19, 2020   posts 318
Oct 07, 2020 at 18:37
I think most traders lose their money in this risky market because of their low knowledge and experience.
Membre depuis Jul 20, 2020   posts 341
Oct 07, 2020 at 19:11
I think choosing the wrong broker is the main reason to lose the money by most of the traders in this market.
Membre depuis Jul 19, 2020   posts 788
Oct 08, 2020 at 22:45
Most people fail in trading because of their weak psychology. If psychiatry is weak, it is not possible to profit consistently. You have to trade according to the plan. Joining trading without a plan can lead to many problems.
Membre depuis Apr 18, 2020   posts 54
Oct 23, 2020 at 06:41
Lack of knowledge is one major reason. Also impractical goals can lead one to losses.
Membre depuis Jul 19, 2020   posts 298
Oct 23, 2020 at 10:14
@rosellemunsays A person got scammed it because of his lack of knowledge and greed. They become greedy by seeing unrealistic promise and give their money and got scammed. And also to choose a right broker we need knowledge.
Membre depuis May 10, 2018   posts 90
Oct 23, 2020 at 10:42
Most people fail because... Greed
Membre depuis Mar 16, 2020   posts 54
Oct 23, 2020 at 13:32
The major reasons for a failure is overconfidence or the lack of knowledge.
Membre depuis Oct 11, 2020   posts 2
Oct 23, 2020 at 23:13
Membre depuis Jun 10, 2020   posts 37
Oct 26, 2020 at 07:35
Most people fail because they lack knowledge and don’t feel it important to improve their skills.
Membre depuis Jul 05, 2019   posts 12
Nov 03, 2020 at 11:01
Lack of knowledge is the main reason people fail. All the resources you need are online and free to learn but many people are too lazy to read and do the work. It is no surprise that they then fail
Membre depuis Jan 11, 2019   posts 147
Nov 03, 2020 at 12:45
Many people fail due to the lack of control on emotions
Membre depuis Jul 20, 2020   posts 298
Nov 04, 2020 at 01:15
Most people fail in trading because greed works among them. And these traders have less ability to maintain emotion and discipline.
Membre depuis Nov 02, 2020   posts 36
Nov 04, 2020 at 06:52
Gracewilson1995 posted:
Many people fail due to the lack of control on emotions

Agreed. Emotions just overpower your thoughts and doesn't let a trader think with much logic and precision.
Membre depuis Apr 15, 2020   posts 219
Nov 04, 2020 at 07:04
failure is only due to lack of ambition and focus. Traders usually want to get hefty returns within a short time span, they invest too much, blow out their account and loose everything. This is not how trading is done one should have practice patience and techniques to become a pro trader.
The more your practice, the more you learn.
Membre depuis Oct 30, 2020   posts 21
Nov 04, 2020 at 07:23
“Most people fail in life not because they aim too high and miss, but because they aim too low and hit.” start forex trading
Membre depuis Jun 05, 2020   posts 33
Nov 04, 2020 at 11:16
...because they lack the essential knowledge to succeed here or are not able to control their emotions and stress while trading. Forex has got a lot to handle, those who are able to do that well, emerge successful.
Membre depuis Oct 05, 2020   posts 40
Nov 05, 2020 at 07:12
Most people fail because they are greedy and overconfident. A lack of proper information and knowledge can also lead to their downfall.
Membre depuis Oct 13, 2020   posts 34
Nov 06, 2020 at 12:10
If you can’t control your emotions, you might not be able to stay in the market for long.
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