skihav
Uczestnik z Sep 05, 2021
801 postów
Oct 16 2021 at 08:05
It's just that many people often don't want to try and waste time. When I started working with a broker , I just took the time to work on a demo account, and got an excellent result.
Unellene
Uczestnik z Aug 01, 2021
283 postów
Oct 17 2021 at 09:42
because most traders are people who come to forex without understanding what and how it works, and hope only for what they were promised when making a deposit
Nathan_Han001
Uczestnik z Jun 21, 2021
24 postów
Oct 18 2021 at 10:36
The reason behind trader's failure is lack of patience and knowledge.
SteveHanks
Uczestnik z Mar 17, 2021
536 postów
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.
Chelsea Blacks
(blackChelsea)
Uczestnik z Jan 22, 2021
125 postów
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.
HeavenLeighGill
(HeavLeighGill26)
Uczestnik z Aug 05, 2021
231 postów
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.
Seb King
(sebking1986)
Uczestnik z Apr 09, 2019
364 postów
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.
skihav
Uczestnik z Sep 05, 2021
801 postów
Oct 18 2021 at 16:37
You shouldn't rely on luck in trading. Experience is a much more stable fulcrum.
Nathan_Han001 posted:
The reason behind trader's failure is lack of patience and knowledge.
Agreed. They need to have a proper knowledge in order to understand the common sense of forex trading
According to me, most traders don't get success when their greed comes in between forex trading, this is when they start overtrading and gets risks and losses.
Darkwarden
Uczestnik z May 13, 2019
26 postów
Oct 20 2021 at 16:28
I totally agree with the idea that the main reason for failures is misconception of the newbies about what trading really is. Successful trading presupposes much learning and practise. Not all of the people are ready to spend so much time on analysing the charts and news, so you will more likely to be a success on the market if you are really interested in trading. However, if you think that trading forex is easy and it doesn't require any efforts, you'd better stay away from this activity as you will definetely lose lots of money with such an approach.
Well, no doubts that most of traders don't get success and the reasons of such situations are that they dedicate less time to learning and practicing. It sounds quite corny, however it really depends on these things. Moreover, I would note emotions and unproper goals. Of course, it's quite unpleasant to lose money, especially when you lose all your money, however it makes traders stronger as I think. Those traders who always try, they always reach success. They made mistakes but they understand that they wouldn't let these mistakes to interrupt their future trades. So, it works approximately like that.
Treeny
Uczestnik z Feb 08, 2019
211 postów
Oct 20 2021 at 18:58
Probably true, if everyone one it wouldn't work very well would it.....
RobSchiz
Uczestnik z Mar 25, 2021
567 postów
Oct 20 2021 at 19:21
skihav posted:
It's just that many people often don't want to try and waste time. When I started working with a broker , I just took the time to work on a demo account, and got an excellent result.
A demo is the best place to learn.
Suradi
(FXOday)
Uczestnik z Apr 03, 2021
286 postów
Oct 20 2021 at 20:33
Maybe yes maybe no, I think successful traders only for them that always hard work and smart work, they want to spend time learning and have a good mindset, because forex trading is about how to manage money to make money, choosing trading pair also important to get good pair with a strong trending market, the easier trading is when the market in strong trending, but waiting this moment is not always to come.
forexstudio1
Uczestnik z Jun 17, 2021
12 postów
Oct 21 2021 at 05:48
Lack of knowledge and practice
GraceGilm
Uczestnik z Oct 21, 2021
154 postów
Oct 21 2021 at 15:16
Forex is such an occupation where it is not so easy to get profitable results
LarssonWilliams
Uczestnik z Oct 19, 2021
15 postów
Oct 22 2021 at 07:57
GraceGilm posted:
Forex is such an occupation where it is not so easy to get profitable results
Agreed!
Success in forex trading depends on knowledge and experience.
skihav
Uczestnik z Sep 05, 2021
801 postów
Oct 22 2021 at 11:13
In many respects, of course, this depends on the trader himself, but this is so. Very often, by their own stupidity, traders actually lose their money.