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Why people lose money in Forex Trading?
Členom od Apr 01, 2020
231 príspevkov
Jun 19, 2020 at 10:31
Členom od Apr 01, 2020
231 príspevkov
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.
Členom od Nov 15, 2019
26 príspevkov
Jun 19, 2020 at 19:26
Členom od Nov 15, 2019
26 príspevkov
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.
Členom od May 30, 2020
16 príspevkov
Jun 19, 2020 at 19:41
Členom od May 30, 2020
16 príspevkov
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.
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.
Členom od May 13, 2020
128 príspevkov
Jun 20, 2020 at 05:19
Členom od May 13, 2020
128 príspevkov
You can simply say that this is a normal situation for trading, unless, of course, losses do not go on an ongoing basis.
Členom od May 04, 2019
23 príspevkov
Jun 30, 2020 at 16:33
Členom od May 04, 2019
23 príspevkov
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.
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.
Členom od Nov 08, 2018
19 príspevkov
Jul 01, 2020 at 10:49
Členom od Nov 08, 2018
19 príspevkov
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.
Členom od Oct 17, 2019
13 príspevkov
Jul 01, 2020 at 17:15
Členom od Oct 17, 2019
13 príspevkov
They loss their money only because they think forex is easy money.
Členom od Jun 24, 2020
34 príspevkov
Jul 02, 2020 at 07:11
Členom od Jun 24, 2020
34 príspevkov
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.
Členom od Apr 15, 2020
219 príspevkov
Jul 03, 2020 at 05:47
Členom od Apr 15, 2020
219 príspevkov
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.
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.
Členom od Jul 20, 2019
373 príspevkov
Jul 03, 2020 at 09:16
Členom od Jul 20, 2019
373 príspevkov
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.
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.
patience is the key
Členom od Jul 03, 2020
37 príspevkov
Jul 03, 2020 at 10:19
Členom od Jul 03, 2020
37 príspevkov
The reason why people lose money in forex is due to their poor risk management and no precise trading plans. Some more reasons can be: lack of experience and knowledge, greed, overtrade, and not analyzing the market.
Členom od Apr 09, 2020
2 príspevkov
Jul 03, 2020 at 11:34
Členom od Apr 09, 2020
2 príspevkov
People lose their money because the market was designed to lose 99%, and only selected or random people could earn.
Členom od Oct 20, 2009
43 príspevkov
Jul 03, 2020 at 11:55
Členom od Oct 20, 2009
43 príspevkov
one answer .. poor risk: reward !! Exit more important than entry !!
Členom od Oct 07, 2019
39 príspevkov
Jul 04, 2020 at 09:46
Členom od Oct 07, 2019
39 príspevkov
Because of lack of money management and proper trading plan.
Členom od Jun 30, 2020
90 príspevkov
Jul 05, 2020 at 03:23
Členom od Jun 30, 2020
90 príspevkov
For forex, in principle, this is normal, unless, of course, you are in the loss zone.
Členom od Jun 22, 2020
77 príspevkov
Jul 06, 2020 at 07:16
Členom od Jun 22, 2020
77 príspevkov
Greed and overconfident are the two common issues to why people are money. There might be more.
Členom od Apr 25, 2020
119 príspevkov
Jul 06, 2020 at 14:07
Členom od Apr 25, 2020
119 príspevkov
Losses may be due to ill-considered risks.
Členom od Mar 31, 2020
26 príspevkov
Jul 06, 2020 at 21:03
Členom od Mar 31, 2020
26 príspevkov
How many people out of 7 billion on the planet are successful entrepreneurs? Only a few, not even 1%. There is your answer...forex is a business like any other. It takes hard work and skill, there are no shortcuts. People who can't do it, call it gambling, but its no more gambling than any other business.
Členom od May 15, 2020
8 príspevkov
Jul 07, 2020 at 05:08
Členom od May 15, 2020
8 príspevkov
According to me, lack of experience, skills, trading plan and strategies led to this. Sometimes non controlling of the emotions play a role too. Can y'all share some tips on how to be profitable?
Členom od May 13, 2020
128 príspevkov
Jul 07, 2020 at 06:07
Členom od May 13, 2020
128 príspevkov
Often, beginners start trading with large first deposits, as a result they lose it.
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