Why 90% of retail traders fail...

Nov 15, 2013 at 16:44
8,541 Просмотры
124 Replies
Участник с Jul 05, 2015   3 комментариев
Sep 07, 2015 at 14:47
PowerPips posted:
Trading is easy. [...]

When you think Trading es easy, so you can trade. ;-)

That's the most reliable indicator. But first you can trade and then you get the feeling that trading is easy.
It's the same with a lot of other things in life , for example driving car etc.

Trading should feel easy. Especially with respect to you emotions. You should be cool while trading.
The biggest risk is not taking any risk.
Участник с Jul 15, 2015   52 комментариев
Sep 07, 2015 at 14:49
Greed, fear, inexperience and a combination of the three.
tommy2308
forex_trader_137597
Участник с Jul 04, 2013   88 комментариев
Sep 08, 2015 at 17:10
too much leverage :)
Участник с Sep 02, 2015   10 комментариев
Sep 10, 2015 at 06:08
I believe that here, one should distinguish real traders from one day traders (or so-called traders). Please agree that becoming a successful experienced trader is a long and difficult way, and those who try to get rich in a couple of hours are just crazy. of course first of all it is needed to learn, invest in yourself, retrieve lessons out of failures, and make your success step by step, even if you sometimes feel very upset and don't have the wish to continue. I think that those creepy 90% (or even 95%) fail exactly under such circumstances. I also agree that high leverage without risk management just blows newbies' accounts away
Real defeat comes when you give up
tommy2308
forex_trader_137597
Участник с Jul 04, 2013   88 комментариев
Sep 10, 2015 at 08:26
Lagurteng posted:
I believe that here, one should distinguish real traders from one day traders (or so-called traders). Please agree that becoming a successful experienced trader is a long and difficult way, and those who try to get rich in a couple of hours are just crazy. of course first of all it is needed to learn, invest in yourself, retrieve lessons out of failures, and make your success step by step, even if you sometimes feel very upset and don't have the wish to continue. I think that those creepy 90% (or even 95%) fail exactly under such circumstances. I also agree that high leverage without risk management just blows newbies' accounts away

I agree with you Ognen, It is a hard and anyone who wishes to make profit in Forex needs to be determined and willing to learn the hard way. No successful trader has not gone through the hard lesson of losing several times , but they stand up and try again. Many people do not have the determination or do not focus enough of the technicalities of the Markets.
Участник с Feb 22, 2011   4862 комментариев
Sep 11, 2015 at 11:09
FX-Parity posted:
Check out the blog - you might like it :)

https://fx-parity.tumblr.com/
Greed
Lack of patience
Lack of understanding
There is nothing like free lunch:)
Участник с Sep 10, 2015   2 комментариев
Sep 11, 2015 at 12:56
There are lots of wise answers represented here. I have noticed that many new traders misbehave one wise rule provided by many brokers: Do not put more money in a broker that you cannot normally live without. Whi it is so disregarded, I wonder?..
Участник с Oct 02, 2014   909 комментариев
Sep 12, 2015 at 18:06
Don't take from the acc regularly. Compound.
Positivity
Участник с Jun 05, 2014   35 комментариев
Sep 13, 2015 at 06:03
over leverage, no tracking of performance, trade on emotions.
It's all in the mindset.
Участник с Sep 12, 2015   1948 комментариев
Sep 13, 2015 at 06:05
FusionPRO posted:
Greed, fear, inexperience and a combination of the three.

There are many reasons why so many traders fail,first off id question this figure of 95%,I think it is less,its used by the media to scare people into getting worthless training by so called experts.Secondly what they teach has little use in the real market,too much technical analysis ,poor planning on risk,2% max per trade should be the limit,tight stop losses,no doubling up on loosing trades,over trading,stick to one product and become a specialist ,then you can try a second product,before you trade get an overview of the market-positive or negative ,look at the indices related to what your trading.If you like stocks,pick one stock and do your homework on it,then wait for it to get cheap,if you can trade with a true ECN you wont have your broker trading against you.Watch out for support and resistance areas ,its nice place for knocking out your stop loss.
"They mistook leverage with genius".
RoboExpert
forex_trader_242051
Участник с Apr 15, 2015   55 комментариев
Sep 14, 2015 at 08:51
because averyone wonna fast profit and they start to open every minit big lots and blow up / especially sure after some profit they hope that profit come again :)
Участник с Sep 12, 2015   1948 комментариев
Sep 15, 2015 at 09:48
Trading is no get rich quick scheme,unless your extremely lucky and the right place and right time,if you protect your profits you have a chance.
"They mistook leverage with genius".
Участник с May 01, 2015   5 комментариев
Sep 26, 2015 at 15:41
Two human traits that kills the account

fear and greed
one shot one kill
Участник с Sep 12, 2015   1948 комментариев
Sep 27, 2015 at 05:56
We have to take advantage of other peoples fear and greed.
"They mistook leverage with genius".
Участник с Oct 17, 2014   13 комментариев
Sep 27, 2015 at 05:59
same concept applies to any businesses.. impatience and greed.
Участник с Aug 17, 2021   94 комментариев
Oct 30, 2021 at 12:56
This brings us to the single most important reason why most stock market traders fail to generate money: a lack of understanding. They also use solid money management procedures, such as a stop-loss and position sizing, to guarantee that their investment risk is minimised and returns are maximised.
Участник с Mar 28, 2021   617 комментариев
Nov 05, 2021 at 10:47
Forex trading is not just about technical and fundamental analysis. It's more than that. It has huge emotional impact. Without a solid mindset it's not possible to be successful. Most people fail here.
Участник с Jul 23, 2020   759 комментариев
Nov 05, 2021 at 17:12
Why 90%. I am seeing this ratio for a long time. Why isn’t yet improving?
Участник с Jul 23, 2020   869 комментариев
Nov 11, 2021 at 15:21
Traders fail especially newbies due to a lack of knowledge and experience.
Участник с Dec 10, 2019   18 комментариев
Jan 13, 2022 at 19:46
Everything because these traders don't have enough knowledge, skills and experience. Basically, the same happens in any other activity, where people don't want to acquire knowledge and just want to make money work on them, while it doesn't work like that. Money always works on those ones, who made some efforts in their life in order to earn this money, ot on those ones who don't care about money at all. In my opinion, it's a real gift from a nature, when you're like a magnet to money. I guess we have to keep closer to such people, because they're pretty useful. Anyway, 90% of traders fail because of lack of desire.
You must be connected to Myfxbook in order to leave a comment
*Коммерческое использование и спам не допускаются и могут привести к аннулированию аккаунта.
Совет: Размещенные изображения или ссылки на Youtube автоматически вставляются в ваше сообщение!
Совет: введите знак @ для автоматического заполнения имени пользователя, участвующего в этом обсуждении.