Most traders don't get success

Jan 17, 2021 at 07:51
1,668 Views
38 Replies
Biedrs kopš   751 ieraksti
Jan 17, 2021 at 07:51
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.
Biedrs kopš   29 ieraksti
Jan 18, 2021 at 18:57
Most traders are unrealistic and think they will be rich overnight
Biedrs kopš   788 ieraksti
Jan 19, 2021 at 01:34
Most traders refrain from achieving success due to low knowledge. To be successful in trading, of course, research and information gathering is essential.
Biedrs kopš   231 ieraksti
Jan 19, 2021 at 02:04
Most traders face loss because they want rich quickly in forex but have no knowledge and skills and expertise.
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.
Biedrs kopš   7 ieraksti
Jan 30, 2021 at 18:44 (labots Jan 30, 2021 at 18:45)
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.
Biedrs kopš   298 ieraksti
Jan 31, 2021 at 13:04
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.
Biedrs kopš   25 ieraksti
Feb 02, 2021 at 15:11
Many people really cannot give themselves the opportunity to earn money, because they lack patience and hard work.
Biedrs kopš   15 ieraksti
Feb 02, 2021 at 15:47
Quange posted:
Many people really cannot give themselves the opportunity to earn money, because they lack patience and hard work.
i agree with you
Biedrs kopš   28 ieraksti
Apr 03, 2021 at 07:04
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.
Biedrs kopš   78 ieraksti
Apr 03, 2021 at 13:28
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
Biedrs kopš   617 ieraksti
Apr 03, 2021 at 14:08
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 18, 2021 at 10:36
The reason behind trader's failure is lack of patience and knowledge.
Biedrs kopš   536 ieraksti
Oct 18, 2021 at 10:43
Nathan_Han001 posted:
The reason behind trader's failure is lack of patience and knowledge.
Yes. You are right.
Oct 18, 2021 at 10:46
Trading on forex and seeing good returns is not a one day game. For consistent returns one have to maintain good consistency in his trading routine. Look for accurate entry and exit points on the chart with proper stop loss. Back-test your strategies on different timeframes for better results.
Oct 18, 2021 at 12:43
Think a lot of the failed trader percentage comes from those that quickly jump in with hopes to get rich with little knowledge or effort.
Biedrs kopš   538 ieraksti
Oct 18, 2021 at 14:22
A lack of education and trying to make easy money where there is none is the root of most failures.
If you can't spot the liquidity then you are the liquidity.
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