Mar 28 2022 at 23:50
Unellene posted:True, sometimes easy trades can happen but most times they do not. I think I have had a few experiences of them being 'easy' but that is only after I started to teach my strategy.
because most people come to forex not understanding how to work and hope only for easy money
*I kill pips for fun.*
Mar 28 2022 at 23:51
Nakedize posted:I created my own and that was what it took for me to succeed. I do sell mine to others and so far so good. They are having success with it but must follow it exactly in order to make money.
Reason why forex traders lose money-
1) Failure To Manage Risk
2) Giving it to Greed
3) Buying a System
4) Thinking it is easy to trade
*I kill pips for fun.*
Eagerness to make profits makes traders make wrong trading decisions. They will do a quick analysis and forget that there are sharks in the market that will eat them up.
Mar 29 2022 at 08:10
I agree. Plus, greed also comes in. When they start winning, they want to have more so they tend to trade mindlessly. This is why I suggest newbies to use resources so they can learn how to
become a top forex trader.
become a top forex trader.
Mar 29 2022 at 10:10
I think traders get losses because of their fear, greed plus lack of forex education.
It’s a fact that the majority of new traders lose money. Most of the time it’s due to the fact that new traders lack the basic trading skills needed to succeed.They lose most of their money to emotional decisions and because of the wrong perception of the forex market and lack of understanding.
Mar 31 2022 at 06:11
The greed to make endless profits makes traders take wrong steps that lead to losses. Also, some traders become too confident after reading about forex that they create a mindset that it’s the Holy Grail they had been looking for all their lives and that no one can now stop them from making money. This is a wrong mindset that takes them nowhere.
Your forex trading results are a reflection of your trading decisions. When traders don’t maintain trading discipline, they often make emotional decisions that cause losses. Some traders pave their way to losses by trading without a trading plan. Some traders keep making hits and trials and don’t really take a step ahead.
There are so many reasons that contribute to the failures of traders in the trading market. Some of the major reasons that I can think of include curiosity to make money, not studying properly, opening large trading positions, and using high leverage. Sometimes, the reasons can be highly specific to individuals like not being able to understand the market moves and still opening a trading position.
There are plenty of reasons why 90% of forex traders lose their money. Some of the common reasons are mentioned below.
1. Not setting stop-loss while trading is one of the main reasons for trade loss.
2. Not conducting a proper technical analysis.
3. Being impatient while trading. Never let your emotions decide your trade.
4. Not doing proper homework and research.
5. Going against the trends. Follow the trend and try to understand the market better.
1. Not setting stop-loss while trading is one of the main reasons for trade loss.
2. Not conducting a proper technical analysis.
3. Being impatient while trading. Never let your emotions decide your trade.
4. Not doing proper homework and research.
5. Going against the trends. Follow the trend and try to understand the market better.
May 31 2022 at 05:25
Salsitude posted:I learned how to corner a long trend. Took me 13 years but I finally can.
There are plenty of reasons why 90% of forex traders lose their money. Some of the common reasons are mentioned below.
1. Not setting stop-loss while trading is one of the main reasons for trade loss.
2. Not conducting a proper technical analysis.
3. Being impatient while trading. Never let your emotions decide your trade.
4. Not doing proper homework and research.
5. Going against the trends. Follow the trend and try to understand the market better.
*I kill pips for fun.*
Jun 01 2022 at 08:29
any kind of trader can be loser if he dont know how to manage money. this is the most important trading skill from all.
This is actually a fact in the world of forex. People think forex to be a rich source of plenty. But they often forget what it takes to trade, and they lose.
Jun 03 2022 at 09:01
there is a chance to bring rich but of course you have to pass a very long time for that .
Jun 03 2022 at 09:25
traders lose most of the time , because they never believe they can do it. actually 'i can do it' this is the most difficult task to believe this issue.
More than 90% of forex traders lose money due to a lack of knowledge in the forex market. Learning new things is something that most traders avoid once they start making money, but they forget that in order to keep the flow of money, they must keep the learning mode on.
They should focus on improving their trading knowledge and risk management in order to be successful in the Forex market.
They should focus on improving their trading knowledge and risk management in order to be successful in the Forex market.
Jun 14 2022 at 10:53
its all about lack of confident , nothing without it.
Jun 14 2022 at 11:28
yes you got the exact point. carry on
Jun 14 2022 at 12:48
It's mostly a problem with over confidence ,humans ain't good at making risk assessments, a lack of research is another factor.
You do need nerves of steel to believe and the discipline to take money off the table.
You do need nerves of steel to believe and the discipline to take money off the table.
"They mistook leverage with genius".
Jun 15 2022 at 13:05
only due to this over confident we fall a great trouble in real as well trading life.
