Most people fail because

Dec 31, 2020 at 13:19
4,392 Views
102 Replies
Biedrs kopš   219 ieraksti
Nov 04, 2022 at 09:20
True Forex traders have no depression because they know the market condition very well. They learn how to manage trading properly over time.
Biedrs kopš   19 ieraksti
Nov 04, 2022 at 12:24
One of the main causes of Forex trader's tendency to lose trades quickly is poor risk management.
Nov 04, 2022 at 16:07
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.
Biedrs kopš   327 ieraksti
Nov 16, 2022 at 03:11
agree but so many brokers are available in online and most of them are found to be scam. .
Biedrs kopš   219 ieraksti
Dec 06, 2022 at 11:32
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
Dec 06, 2022 at 16:24
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.
Biedrs kopš   327 ieraksti
Dec 07, 2022 at 04:41
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!
Biedrs kopš   21 ieraksti
Dec 08, 2022 at 12:20
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.
Biedrs kopš   219 ieraksti
Dec 09, 2022 at 10:28
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.
Biedrs kopš   40 ieraksti
Dec 12, 2022 at 08:16
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.
Biedrs kopš   15 ieraksti
Dec 12, 2022 at 10:47
Probably been said multiple times before. Grid Martingale EA's and overleveraging their accounts.
Biedrs kopš   470 ieraksti
Dec 12, 2022 at 23:30
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.
Biedrs kopš   56 ieraksti
Dec 15, 2022 at 07:12
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.
Biedrs kopš   47 ieraksti
Dec 15, 2022 at 10:36
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.
Biedrs kopš   51 ieraksti
Dec 19, 2022 at 08:28
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.
Biedrs kopš   327 ieraksti
Dec 21, 2022 at 11:01
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!
Biedrs kopš   47 ieraksti
Dec 29, 2022 at 08:06
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!
Biedrs kopš   327 ieraksti
Jan 02, 2023 at 11:05
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.
Biedrs kopš   24 ieraksti
Jan 02, 2023 at 12:46
Most people fail because they do not have enough experience and expertise to trade in the forex market.
Biedrs kopš   470 ieraksti
Jan 02, 2023 at 22:19
There is so many reasons why a trader fails, the factor could appear from internal or external factor. Internal factors is included bad emotion control, bad risk management, reckless trading decision, etc. External factors included dynamic market unpredictability, disconnecting problems, etc.
Pieslēgties / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Spams netiks pieļauts, un tā rezultātā var slēgt kontu.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.