Most people fail because

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.

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.

agree but so many brokers are available in online and most of them are found to be scam. .

Lack of knowledge and reliable trading broker are two things that make traders suffer the most in Forex. You can enjoy your scalping when you have a reliable trading broker that offers you a technical error-free platform

Absence of risk management strategy in trading leads to losing on average. It takes away traders’ motivation and traders mostly leave the market for so.

Leaning from own trading mistake is the best practice! But, we should try to complete our main learning process in the beginning stage of trading!

I believe if you are new to trading you should start with a demo account with whatsoever amount you want and if your want to go live start with a smaller amount.

Make sure consistent losses don’t deject you. Take a deep breath and increase the amount of learning. If traders trade in Forex using less risk, things are not like this to traders.

Tradelist45 posted:
Leaning from own trading mistake is the best practice! But, we should try to complete our main learning process in the beginning stage of trading!

True! Rushing with trading takes you nowhere. Take small steps and analyse your trades and learn from them so that you can strategize your trades more effectively in future.

Probably been said multiple times before. Grid Martingale EA's and overleveraging their accounts.

Different traders has different knowledge, skills and psychology, why many traders fail because forex market full uncertainty, however isn't means no successful trader here, it also depends on our skills, keep learning from the mistake and go ahead.

Traders need to invest in themselves and learn the market. Money and risk management work. Learn how the market works and the tools that will fit your needs. Focus on consistent growth rather than rushing the process.

Many factors can contribute to trading business failure, including a lack of sufficient knowledge, a lack of essential skills, bad execution, a lack of proper planning, and so on. To be successful in trading, traders must work on several things such as their knowledge, trading abilities, a flawless trading plan, and so on.

A lot of reasons account for a trader’s failure. In my opinion, the most prominent reason is lack of trading expertise and poor mindset. People take it lightly and are always looking for ways to make quick money. It’s crucial to understand that just like any business, trading requires consistent learning and discipline.

Leaning from own trading mistake is the best practice! But, we should try to complete our main learning process in the beginning stage of trading!

Tradelist45 posted:
Leaning from own trading mistake is the best practice! But, we should try to complete our main learning process in the beginning stage of trading!

If this is the approach you prefer, the then trial-and-error method can be pretty expensive for a live account. It’s better to practise in the demo market. It will save you a lot!

Learning is the foremost ways to keep survive in this volatile trading place in a proper way. But sorry to say maximum traders who are particularly newcomers try to make money from here without learning. As a result they become loser when trading practically. It would be great if we choose the broker which always ensures best trading environment for learning this trading place by providing exclusive educational facilities.

Most people fail because they do not have enough experience and expertise to trade in the forex market.