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Why people lose money in Forex Trading?

Jun 19 2020 at 10:31
231 ieraksti
According to the my point of views mostly trader's loss their money in Forex due to the lack of knowledge and confidence also greed is the main factor of lose money, for that reason everyone must give enough time to proper analyze the market and trade with less risk, then sure have much benefit in this business.

Jun 19 2020 at 19:26
24 ieraksti
Sometimes traders are a little bit excited and want to earn more at once, because of this they can take risks by breaking all the rules of trading. And the results of such trading lead to disappointment in the market. Therefore, it is worth to keep yourself in control and still try to act thoughtfully.

Jun 19 2020 at 19:41
13 ieraksti
I think that beginner traders do not always understand that they will have to work hard here, because the market has a complex structure and requires constant detailed study.
But still, it is normal that someone is not able to cope with it. The main thing is to try and make the right choice afterwards.

Jun 20 2020 at 05:19
128 ieraksti
You can simply say that this is a normal situation for trading, unless, of course, losses do not go on an ongoing basis.

Jun 30 2020 at 16:33
20 ieraksti
I think that many traders neglect the demo and grab all assets and strategies at once.
On the one hand, it's the right thing to do, you need to understand what suits you.
The main thing is to do it on a demo, and then, after you make certain conclusions - start working on the main account.

Jul 01 2020 at 10:49
19 ieraksti
Trading in financial markets has gained widespread popularity. It seems, this is easy income, without any efforts and hard work (however, everyone is looking for own way). This ease has made Forex very popular. But this is an wrong fact. Trading is actually a very complex process that not every traider can comprehend. And this makes Forex the most risky business. A dangerous mix of popularity and risk is the reason people lose money.

Alex (AlexLabro)
Jul 01 2020 at 17:15
13 ieraksti
They loss their money only because they think forex is easy money.

Jul 02 2020 at 07:11
34 ieraksti
Losses are just a part of forex trading. It happens with everyone no one is that perfect in it. However effective risk management helps you minimise losses to great extent.

Elena Triston (ele020)
Jul 03 2020 at 05:47
219 ieraksti
People loose money in forex when they become impatient and want to earn handsome profits all together. Forex trading or trading in general requires good experience, strategy to manage capital and risk involved.

If a trader wants to gain from this market, he needs to place the lots size after determining its risk appetite. Just like the saying, 'Slow and steady wins the race' is applicable in life, it is the key to forex trading as well.

The more your practice, the more you learn.
Jul 03 2020 at 09:16
366 ieraksti
Most people are just greedy. That's a modern human thing I guess (most of our ancestors were not greedy).
Even todays winners are losing, but they're not losing that much like losers do. It's achieved with money management, together with a humble, non-greedy mind.

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