90% are loser ..why ?

Unellene posted:
because most people come to forex not understanding how to work and hope only for easy money

True, sometimes easy trades can happen but most times they do not. I think I have had a few experiences of them being 'easy' but that is only after I started to teach my strategy.

Nakedize posted:
Reason why forex traders lose money-

1) Failure To Manage Risk
2) Giving it to Greed
3) Buying a System
4) Thinking it is easy to trade

I created my own and that was what it took for me to succeed. I do sell mine to others and so far so good. They are having success with it but must follow it exactly in order to make money.

Eagerness to make profits makes traders make wrong trading decisions. They will do a quick analysis and forget that there are sharks in the market that will eat them up.

I agree. Plus, greed also comes in. When they start winning, they want to have more so they tend to trade mindlessly. This is why I suggest newbies to use resources so they can learn how to
become a top forex trader.

It’s a fact that the majority of new traders lose money. Most of the time it’s due to the fact that new traders lack the basic trading skills needed to succeed.They lose most of their money to emotional decisions and because of the wrong perception of the forex market and lack of understanding.

The greed to make endless profits makes traders take wrong steps that lead to losses. Also, some traders become too confident after reading about forex that they create a mindset that it’s the Holy Grail they had been looking for all their lives and that no one can now stop them from making money. This is a wrong mindset that takes them nowhere.

Your forex trading results are a reflection of your trading decisions. When traders don’t maintain trading discipline, they often make emotional decisions that cause losses. Some traders pave their way to losses by trading without a trading plan. Some traders keep making hits and trials and don’t really take a step ahead.

There are so many reasons that contribute to the failures of traders in the trading market. Some of the major reasons that I can think of include curiosity to make money, not studying properly, opening large trading positions, and using high leverage. Sometimes, the reasons can be highly specific to individuals like not being able to understand the market moves and still opening a trading position.

There are plenty of reasons why 90% of forex traders lose their money. Some of the common reasons are mentioned below.
1. Not setting stop-loss while trading is one of the main reasons for trade loss.
2. Not conducting a proper technical analysis.
3. Being impatient while trading. Never let your emotions decide your trade.
4. Not doing proper homework and research.
5. Going against the trends. Follow the trend and try to understand the market better.

Salsitude posted:
There are plenty of reasons why 90% of forex traders lose their money. Some of the common reasons are mentioned below.
1. Not setting stop-loss while trading is one of the main reasons for trade loss.
2. Not conducting a proper technical analysis.
3. Being impatient while trading. Never let your emotions decide your trade.
4. Not doing proper homework and research.
5. Going against the trends. Follow the trend and try to understand the market better.

I learned how to corner a long trend. Took me 13 years but I finally can.

any kind of trader can be loser if he dont know how to manage money. this is the most important trading skill from all.

This is actually a fact in the world of forex. People think forex to be a rich source of plenty. But they often forget what it takes to trade, and they lose.

More than 90% of forex traders lose money due to a lack of knowledge in the forex market. Learning new things is something that most traders avoid once they start making money, but they forget that in order to keep the flow of money, they must keep the learning mode on.

They should focus on improving their trading knowledge and risk management in order to be successful in the Forex market.

It's mostly a problem with over confidence ,humans ain't good at making risk assessments, a lack of research is another factor.
You do need nerves of steel to believe and the discipline to take money off the table.

right now the percentage may be too high , because market getting down day by day.

Admoni posted:
Almost 90% beginners are loser from this trading place due to only lack of most accurate money management plan, basically they only emphasis on acquiring good trading knowledge and always ignore other inevitable parts . as a result they become loser. So besides good trading knowledge we the beginners have to ensure how to manage money in Forex.

Because, most of the traders try make money here with a low trading skill! Forex is one of the most challenging job; so traders need to make sure their trading skill before starting their real trading!

Demetriof posted:
Very good point. People think Forex is easy but it is so hard. I spent years on it and still get nowhere. I am not sure I ever will to be honest

I do agree with you! Most of the new traders joining here with an easy money making expectations; but after few months, they give up! Since, there is no easy way!

the newcomers always try to bring profit with no learning , its really a bad decision and for that reason we fall a great trouble.

Many don’t follow the most basic rules which are to stick to a plan, maintain discipline and control risk. They fail to continue giving energy once they earn it. The only way to survive such a quick changing environment is by constantly updating skills and learning from mistakes.