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Why people lose money in Forex Trading?
會員從Mar 18, 2019開始
97帖子
Aug 03, 2020 at 11:58
會員從Mar 18, 2019開始
97帖子
marco_mmbiz posted:
Most people are just greedy. That's a modern human thing I guess (most of our ancestors were not greedy).
Even todays winners are losing, but they're not losing that much like losers do. It's achieved with money management, together with a humble, non-greedy mind.
this ^^ !!! and people get too excited by leverage, and big lot sizes. :(
會員從Jun 24, 2020開始
31帖子
會員從Aug 05, 2019開始
49帖子
Aug 05, 2020 at 13:46
會員從Jul 19, 2020開始
742帖子
Trading is a purely psychological game. Winning or losing in trading depends on your psychology. There are many people whose lack of knowledge makes them lose in trading. In the beginning, the traders do not learn anything and due to extra greed, they increase the lot and trade and face many losses. The reason for their loss is that they don't know anything at first and then greedily destroys the whole deposit with trade. Therefore, to make a profit in trading, first, you have to learn to trade, then if you work according to the plan, you can expect something good from trading.
會員從Jun 21, 2020開始
54帖子
Aug 05, 2020 at 14:20
會員從Jun 21, 2020開始
54帖子
People loses money because of not wanting to lose, by not taking loss when they are suppose to. In forex you have to accept you are wrong when you are, and take your lose, That is how you become profiting consistently, That is my basics of being successful.
NO EMOTION DURING TRADING.
會員從Jul 20, 2020開始
286帖子
Aug 06, 2020 at 16:11
會員從Jul 20, 2020開始
286帖子
From my point of view, most people want to be rich overnight when it comes to Forex trading. But their demand is never right. There is no business that will give you 100% profit. You must accept some losses and if you cannot accept then you can never survive in Forex trading. If you want to follow this method, you have to follow money management and if you don't do that, you will not be able to make a profit for life.
會員從Jul 20, 2020開始
278帖子
Aug 19, 2020 at 06:21
會員從Mar 23, 2020開始
63帖子
ElliotCooke posted:
Most of the traders lose their money because of choosing the wrong broker. A wrong plan or strategy also can be the cause of losing money in the market.
Yes, wrong broker can be one of the reasons, but majorly traders fail due to other reasons like lack of risk management, no proper skills and like you mentioned a wrong plan.
會員從Jul 19, 2020開始
283帖子
會員從Jul 20, 2020開始
172帖子

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