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Why people lose money in Forex Trading?
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Shelby10

Členom od Jul 15, 2020  68 príspevkov Shelby10 Jul 26 at 13:27
Most of the people lose their money because of low knowledge about the forex market.

Juan_Garcia

Členom od Jun 05, 2020  24 príspevkov Juan_Garcia Jul 28 at 08:30
There can be many reasons behind a trader losing money like lack of skills, poor knowledge, impatience, etc. A trader has to work on many things to earn good in forex.

gargely653536

Členom od Feb 21, 2020  5 príspevkov gargely653536 Jul 29 at 11:34
It seems to me that most often people lose their money due to violation of the rule of money management

Daniel993

Členom od Jul 31, 2020  2 príspevkov Daniel993 Aug 03 at 09:40
There are a lot of reasons, but this is actually the number one reason, Is we insist on adjusting the strategy to have as low a probability of taking a loss in the short term as possible. This results in us unintentionally maximizing the amount of the loss.

Michihito

Členom od Jul 19, 2020  101 príspevkov Michihito Aug 03 at 11:14
Dictiony posted:
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.

Yes the first reason people lose money is because they don't have enough knowledge to be profitable. Problem is only knowledge doesn't bring profit. To be profitable you need to understand the market psychology, price sentiment and discipline. And most people lack it.

AdamCantor

Členom od Mar 18, 2019  98 príspevkov Adam Cantor (AdamCantor) Aug 03 at 11:58
marco_mmbiz posted:
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.


this ^^ !!! and people get too excited by leverage, and big lot sizes. :(

EllisParker

Členom od Jun 24, 2020  26 príspevkov EllisParker Aug 04 at 07:04
gargely653536 posted:
It seems to me that most often people lose their money due to violation of the rule of money management


You are right though. That's what happens when emotions over rule.

jaredtaylor

Členom od Aug 05, 2019  45 príspevkov jaredtaylor Aug 04 at 07:29
Unrealistic expectations can also be one of the reasons why people lose money in forex.

Evelyn55

Členom od Apr 28, 2020  46 príspevkov Evelyn55 Aug 05 at 07:25
jaredtaylor posted:
Unrealistic expectations can also be one of the reasons why people lose money in forex.


Correct. People think of forex as some child's play when in reality it requires as much patience, hard work as any other money making activity.

togr

Členom od Feb 22, 2011  4823 príspevkov vontogr (togr) Aug 05 at 07:27
There are so many reasons to loss money trading Forex.
The question is why people put real money in something they dont know?
And later lose them.

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