Most traders don't get success

Your idea is correct. Many traders think a forex market is a money-making machine and if you trade here you can gain a lot of profit. Such thoughts seem bizarre.

success is a big deal in this trading place , need a long time experience with great level of patience. so we the traders first of all have to ensure how to keep patience.

Most traders start live trading with minimal education and hope that luck will multiply their initial amount.

Forex trading requires a lot of effort to create a trading system and develop a trading strategy. Many traders trade non-systematically, spontaneously, and therefore their results are also spontaneous and not supported by any systematic approach.

Most of forex traders not able to make up as they quit too early by flowing in the emotions. Forex trading only demands lot of practice with every time something different and better on trades.

Why is it that most traders that are beginners do not succeed in Forex trading for a long time?

Most traders cannot succeed because they fail to develop knowledge and skills. As a trader, I need to do information and trading research.

According to me, a trader’s ability to analyse the market and plan strategies accordingly plays an important role in getting loss or profits

Most traders Don't get success because, they Don't have proper knowledge about forex trading.

Davidfx89 posted:
success is a big deal in this market place , need a long time patience with great level of practice , so we the traders should focus on there first of all.

I agree with you. Knowledge is required to be a successful trader. Which can help a trader reach his goal.

Win and loss is a part of this business. Traders should know how to play before beginning. Knowing what to do and how to do it in trading are the main concepts worth practicing to avoid losing.

Without enough skills and experience, it's normal to lose money and get scared. Whether new or old, we are bound to lose money if we don't understand the market and follow discipline.

@franklinmckinney Yes, you are right. But unfortunately Most people are not willing to give time in developing skills and knowledge. They are so focused in trying to earn though they can not.

I think that it is the greed of traders which leads to overtrading and ultimately to losses.

Losses are part of the game

To be a successful trader one must refrain from greed. Certainly a part of loss trading. So you have to trade together. And at the end of the month, you have to take the right steps by calculating the loss/profit.

Davidfx89 posted:
success is the bid deal in any sector not only Fx trading , first of all you have to make sure some good habits , actually success is a product of daily activates not a random result at all.

Success comes from the skills and knowledge.

no_frame posted:
I think that it is the greed of traders which leads to overtrading and ultimately to losses.

Yes. you are absolutely right

Most traders don’t get success because they refuse to accept their mistakes.For many traders, admitting that they were wrong and had taken dangerous decisions is a big thing. They often put out tens of excuses that markets have faked them out or the signal was wrong or the speed was lagging and keep losing money. To move forward one needs to own their mistakes and take responsibility. It is neither good to avoid your mistakes nor to cling to them.