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Most people fail because
Biedrs kopš
39 ieraksti
Sep 21, 2022 at 07:33
Biedrs kopš
39 ieraksti
I believe sometimes people are driven by emotions, and make decisions based on greed which ultimately brings them down in trading. Also, there are many factors responsible which causes people to fail in trading:
1. Wrong mindset.
2. They consider trading as a shortcut to make money.
3. Not focused.
4. Lack of knowledge.
1. Wrong mindset.
2. They consider trading as a shortcut to make money.
3. Not focused.
4. Lack of knowledge.
Biedrs kopš
394 ieraksti
Sep 21, 2022 at 21:12
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394 ieraksti
Gewgaw posted:
Most of the traders fail in the forex market because they lack adequate knowledge. Often traders start trading without learning anything and then suffer losses. Traders also skip trading in a demo account and trade in a live account, which is disadvantageous for them. Also, most of the traders get emotional and ruin their trading career.
100% agree on this. I think knowledge can go a long way when it comes to trading and skills can be learned, but not having adequate knowledge is a crucial mistake.
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11 ieraksti
Sep 22, 2022 at 11:57
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11 ieraksti
Most of the traders fail because they randomly trade on forex without much knowledge and experience.
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203 ieraksti
Sep 22, 2022 at 15:32
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203 ieraksti
Oh many people fail because they are lazy lmao. Alas, laziness is something that each of us needs to fight. While people are lazy, they pay less attention to analysis, money management, trading, risk calculation, etc. And many more fail because of the strong confidence in their knowledge. I know what I'm talking about guys. Take off your crown, you don't need it while trading. 😄😄😉
Biedrs kopš
6 ieraksti
Sep 22, 2022 at 20:05
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6 ieraksti
They trade using emmotions, with no experience and over leveraged.
Rule 1 - dont lose money, rule 2 - dont forget rule1
Rule 1 - dont lose money, rule 2 - dont forget rule1
Biedrs kopš
16 ieraksti
Sep 23, 2022 at 11:01
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16 ieraksti
The reason, why most people fail, is because they give up so early
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6 ieraksti
Sep 28, 2022 at 11:25
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6 ieraksti
As a new trader, you should know why traders fail so that you don’t make the same mistakes. The main cause of their failure is lack of knowledge and psychology. Because of this, about 90-95% fail. Forex requires commitment and an open-mind to learning and consistency. Many new traders only come to the market to earn quick bucks, which is not always achievable in this market.
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113 ieraksti
Sep 29, 2022 at 19:10
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113 ieraksti
UweMoench posted:
Most people fail because most people do not have necessary knowledge and skills. People come here with a expectation of making money quickly and easily. Basically they are introduced forex in a wrong way. If they have been told it will take time to learn the necessary skills, the percentage would have been different.
Rather than doing so, if a trader trade moderately, you can make profit on average. As a result, traders fall into loss and can’t survive in Forex for long.
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65 ieraksti
Oct 01, 2022 at 10:53
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65 ieraksti
There are different ranges and angles where the market remains stuck and those who have sufficient market knowledge can utilize these opportunities to make profit.
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816 ieraksti
Oct 01, 2022 at 13:46
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816 ieraksti
Traders can generate profit from here sitting at home. So, to make your trading more ease, you should start with a reliable trading broker.
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323 ieraksti
Oct 02, 2022 at 11:19
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323 ieraksti
broker is important , thee is no way to deny , but choosing a broker is really a difficult task , because most of brokers in online right now found as scams.
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1 ieraksti
Oct 03, 2022 at 13:55
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1 ieraksti
Greeding is definitely one of the biggest reason...
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55 ieraksti
Oct 04, 2022 at 05:24
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55 ieraksti
I think trading too much, not conducting enough research, and relying too heavily on recommendations are some common mistakes made while trading.
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3 ieraksti
Oct 06, 2022 at 08:38
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3 ieraksti
Depending of your trading style, but most of the time it's because we stay too much on positions
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816 ieraksti
Oct 06, 2022 at 10:20
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816 ieraksti
Traders should earn expertise on a certain type of trading so they can gradually develop this type.
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131 ieraksti
Oct 06, 2022 at 13:02
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131 ieraksti
At the very initial stage, it’s really hard for traders to develop a strategy for trading well as new traders don’t know the market well.
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210 ieraksti
Oct 08, 2022 at 12:24
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210 ieraksti
However, don’t make a utopian scheme about trading because it will destroy you. Follow a step by step guide to develop yourself.
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210 ieraksti
Oct 09, 2022 at 10:41
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210 ieraksti
New traders should pass more time with the market to understand the market well so they can make a good strategy for them. Newbie traders have run their attempts thyself to develop their ability.

forex_trader_3036016
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15 ieraksti
Oct 10, 2022 at 10:27
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15 ieraksti
There could be many reasons for this. But from what I have noticed, traders fail because of a lack of trading mindset, skills, etc. They expect to make quick money, without putting any real effort.
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323 ieraksti
Nov 04, 2022 at 07:49
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323 ieraksti
most of the people fail due to same reason, i mean they cannot come out from same mistake. that is the foremost reason why traders doing losses .

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