90% are loser ..why ?

sebking1986 posted:
Because people fail to understand this is a profession. I would think if you could have a go at brain surgery straight away without any learning or practice you'd have a worse than 90% death rate.

Yes, you need knowledge first to trade. You can never make a profit without trading knowledge.

AliaDare posted:

sebking1986 posted:
Because people fail to understand this is a profession. I would think if you could have a go at brain surgery straight away without any learning or practice you'd have a worse than 90% death rate.

Yes, you need knowledge first to trade. You can never make a profit without trading knowledge.

Without proper knowledge, no trader can become successful in this market.

A lack of patience and insufficient market structure knowledge. A lot dont bother with demo for long enough and strategy hoping

there is a mix of failures and successes iften

because most people come to forex not understanding how to work and hope only for easy money

I think everything because people when they start trading activity treat it unproperly. They allege that trading activity is just the easiest way to earn money and you literally make money from nothing.
Of course, it's a great misconception and such people don't stay too long in trading, because they rapidly lose all their accumulations and quit trading forever. The vast majority of traders include such type of traders. In my opinion, everything depends on how you treat trading and your relation to it. If this relation is unwise and you just playing with trading, then you pehaps will never come to success.
Guess that these are the main reasons of such statistics. The harder you work, the more you will get finally.

I don't think that is possible because new traders join in forex every day and lose money for lack of knowledge and strategy. Therefore, you should earn money in forex if you do not wish to learn about forex trading.

90% of traders lose money, and it is no wonder because new traders are not taught correctly, and they take forex as a game or pastime. Traders must learn how to trade and not play with money; otherwise, you will end up losing all of your hard-earned cash in a few months, and you will be thinking about quitting.

Basically, it all depends on the trader himself. At least with the right strategy and with the right approach to work, a trader would not receive losses.

90% is loser i know and most of them are the traders who are above all new forex traders , their percentage almost 85%.

i dont kn this percentage is right or wrong but it sounds not bad , generally beginners always fall a great loss due to emotions and over-trading.

Imamul posted:
i dont kn this percentage is right or wrong but it sounds not bad , generally beginners always fall a great loss due to emotions and over-trading.

this is about a percentage that is real, since most newbies really lick absolutely everything

In the absence of sufficient knowledge as well as experience not uncommon losing money, and being terrified. Old or new we will be a victim of loss if we don't know the market and adhere to strict rules.

The most part of traders lose their money just because they don't have enough skills and experience for earning this money. I believe that everything can be connected with their wishes to have money right away and they come to trading with fake beliefs that they will earn money within couple of days.
Trading, as well as any other activities, implies lots of work and patience. The more time you are ready to dedicate to trading, the more impact from this activity you will get. There are no activities in the world which will generate you money just for nothing, People have to do something in order be successful.

there is anyone who can make sure the success rate ratio? i have never seen any success ratio at all.

I think it can be explained by our human nature. Unfortunately, people are easily manipulated. People have two major triggers. They are fear and greed. Perhaps, many times you had such a feeling that the market would go in the expected direction but for some reason you feared to open a trade. Instead, you chose to wait. You thought you were making the right thing. You thought that you were just staying on the safe side to avoid unnecessary losses. In the end, the market went in the direction you actually expected. Perhaps, it did it somewhat differently but in general your expectation was met, but the problem is that you didn’t enter the market at the right time because fear took over you and as as a result you were helpless.
Now let’s view another example. Let’s assume you had a very nice trading day. You closed your trade in the green and earned a good money. You are about to request a withdrawal of your newly-earned profit, but suddenly a thought comes to your mind. You think why you have stopped. It’s time to keep earning money and you enter the market once again. You know when the market grows it stops for a while to take breathe. As a result, a temporary consolidation takes places before the next move. When people enter next time, they are often kicked out of the market. It’s a minor correction but it’s enough to lose. That’s how greedy and foolish people are punished by the market.

its a very nice post with good information , thanks for your nice post.

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

Trading is a tempting business, and everyone wants to make money quickly. However, it is impossible, and a majority of new traders don’t put in the hard work to learn those skills and take risks. Lack of risk management, poor trading psychology, or no trading plan are different reasons. But overall, they fail because they’re not ready to commit and work hard.