Michihito
Členom od Jul 19, 2020
298 príspevkov
Oct 04 2020 at 11:33
Most people fail because they don't know what they are doing. As Warren Buffett said, Risk comes from not knowing what you are doing. Most small traders here are doing nothing but scalping.
UweMoench
Členom od Jul 19, 2020
751 príspevkov
Oct 07 2020 at 11:10
Yes the reason of failure is lack of knowledge and skills. Most people here open trade out of hope. They hope price will go this or that way. But to be profitable we need skills and control over our emotions.
GeorgeBischof
Členom od Jul 19, 2020
318 príspevkov
Oct 07 2020 at 18:37
I think most traders lose their money in this risky market because of their low knowledge and experience.
ElliotCooke
Členom od Jul 20, 2020
341 príspevkov
Oct 07 2020 at 19:11
I think choosing the wrong broker is the main reason to lose the money by most of the traders in this market.
AliaDare
Členom od Jul 19, 2020
788 príspevkov
Oct 08 2020 at 22:45
Most people fail in trading because of their weak psychology. If psychiatry is weak, it is not possible to profit consistently. You have to trade according to the plan. Joining trading without a plan can lead to many problems.
rosellemunsays
Členom od Jul 16, 2020
27 príspevkov
Oct 23 2020 at 04:52
The reason why people fail could be because of their limited knowledge and experience. Other factors like getting scammed, choosing the wrong broker, investing a lot at first and overconfidence can also lead to their failure.
Brick_56
Členom od Apr 18, 2020
54 príspevkov
Oct 23 2020 at 06:41
Lack of knowledge is one major reason. Also impractical goals can lead one to losses.
Michihito
Členom od Jul 19, 2020
298 príspevkov
Oct 23 2020 at 10:14
@rosellemunsays A person got scammed it because of his lack of knowledge and greed. They become greedy by seeing unrealistic promise and give their money and got scammed. And also to choose a right broker we need knowledge.
Roberto21
Členom od May 02, 2019
364 príspevkov
Oct 23 2020 at 10:14
if any newcomers dont use stop loss, of course he will fall a great loss , because without stop loss it looks a condition , a ship in an ocean without a rudder. so its your choice , take it or leave it.
TR4DEX
Členom od May 10, 2018
90 príspevkov
Oct 23 2020 at 10:42
Most people fail because... Greed
Amber_0302
Členom od Mar 16, 2020
54 príspevkov
Oct 23 2020 at 13:32
The major reasons for a failure is overconfidence or the lack of knowledge.
JayyBandz3x
Členom od Oct 11, 2020
2 príspevkov
Oct 23 2020 at 23:13
Facts
Barbara Wright
(barbarawright)
Členom od Jun 10, 2020
37 príspevkov
Oct 26 2020 at 07:35
Most people fail because they lack knowledge and don’t feel it important to improve their skills.
Robert
(Robert647373)
Členom od Feb 25, 2020
95 príspevkov
Nov 03 2020 at 10:36
Many factors can cause a trader to lose money. Probably all have already been listed. And each of them has the right to be. Here and greed, inexperience. Even experienced traders lose money. And someone just has no luck. The main thing is not to forget about the stop loss, and try to get as much knowledge as possible.
CrackedMic
Členom od Jul 05, 2019
12 príspevkov
Nov 03 2020 at 11:01
Lack of knowledge is the main reason people fail. All the resources you need are online and free to learn but many people are too lazy to read and do the work. It is no surprise that they then fail
Gracewilson1995
Členom od Jan 11, 2019
147 príspevkov
Nov 03 2020 at 12:45
Many people fail due to the lack of control on emotions
LeviSievwright5
Členom od Jul 20, 2020
298 príspevkov
Nov 04 2020 at 01:15
Most people fail in trading because greed works among them. And these traders have less ability to maintain emotion and discipline.
Tiffany07
Členom od Nov 02, 2020
36 príspevkov
Nov 04 2020 at 06:52
Gracewilson1995 posted:
Many people fail due to the lack of control on emotions
Agreed. Emotions just overpower your thoughts and doesn't let a trader think with much logic and precision.
Elena Triston
(ele020)
Členom od Apr 15, 2020
219 príspevkov
Nov 04 2020 at 07:04
failure is only due to lack of ambition and focus. Traders usually want to get hefty returns within a short time span, they invest too much, blow out their account and loose everything. This is not how trading is done one should have practice patience and techniques to become a pro trader.
The more your practice, the more you learn.