It's true that most traders don't get success in forex. The reason is their trading decisions are not based on sound research and learning. They think forex is a cash machine. You trade and procure immense cash. They don't consider it as a business.
Jan 18 2021 at 12:11
most of the traders don't get success because one, they are heavily impatient and second, they do not understand the mathematics that governs the market.
most of the traders think that they can utilise leverage, margin trading and futures trading to earn money ht the truth is, more than 70% of such traders fail.
traders also fail because they are involved with the wrong broker.
most of the traders think that they can utilise leverage, margin trading and futures trading to earn money ht the truth is, more than 70% of such traders fail.
traders also fail because they are involved with the wrong broker.
Jan 18 2021 at 18:57
Most traders are unrealistic and think they will be rich overnight
Jan 18 2021 at 20:09
I think most traders lose their money in this risky market because of their low knowledge and experience.
Most traders refrain from achieving success due to low knowledge. To be successful in trading, of course, research and information gathering is essential.
Most traders face loss because they want rich quickly in forex but have no knowledge and skills and expertise.
Jan 29 2021 at 11:56
Most traders don’t get success because of lack of proper knowledge and skill-set. They start expecting a lot from the market and think of the forex market as a get-rich-quick scheme.
Jan 30 2021 at 13:44
There are lot of reasons for traders' failure, over trading, revenge trading, do not follow proper risk management etc.
In Forex, in order to be successful, you need to study the experience of successful brokers, their advice, strategies, etc.
Jan 31 2021 at 06:30
Learning trading require time. So, none can be successful overnight.
High leverage, 24/5 trading opportunity, small time frames make trading very risky. Due to all these facilities people make themselves so engaged in trading. As a result they develop all the bad habits a trader can have.
Many people really cannot give themselves the opportunity to earn money, because they lack patience and hard work.
Quange posted:i agree with you
Many people really cannot give themselves the opportunity to earn money, because they lack patience and hard work.
Feb 03 2021 at 08:56
Most traders don’t get success because of the lack of knowledge and the greed to make quick profits. Trading requires patience, hard-work and right knowledge.
There is no denying the fact that the number of traders losing money in the forex market is more than the number of people making money in the forex market. You have to keep patience throughout your trading journey to ensure that you don’t lose hope just before you will make profits..
Apr 03 2021 at 08:51
traders dont get success because of the greed to get more and more profit.
perryjohn765 posted:Yes. Beside that, lack of proper knowledge is another reason to become failure.
traders dont get success because of the greed to get more and more profit.
People do not see the real situation, do not perceive trading as a job. The desire to have everything and immediately leads to the collapse of not only illusions, but also hopes. It's all about the attitude of the person himself to trade
Most traders do not get success because many of them are not skilled enough. And many of them are slave to their emotions. They take decision by their emotions.
Oct 16 2021 at 06:51
Akasuki posted:Lack of proper knowledge can put you in great danger.
Most traders do not get success because many of them are not skilled enough. And many of them are slave to their emotions. They take decision by their emotions.
