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Why people lose money in Forex Trading?

Stonesong
Jul 07 2020 at 06:07
128 inlägg
Often, beginners start trading with large first deposits, as a result they lose it.

Cizel89
Jul 09 2020 at 06:36
41 inlägg
Stonesong posted:
Often, beginners start trading with large first deposits, as a result they lose it.

True! That's one of the major reasons why they loose.

kaatib
Jul 09 2020 at 07:17
1 inlägg
I think there is lack of experience and knowledge about this market, most of the people do Forex just for thinking they will win by not having great strategy, they trade for luck not for strategy.

Kennet
Jul 09 2020 at 11:41
7 inlägg
kaatib posted:
I think there is lack of experience and knowledge about this market, most of the people do Forex just for thinking they will win by not having great strategy, they trade for luck not for strategy.


Fully agree! They don't understand that trading on Forex is a certain kind of art. And you have to find the perfect strategy for you, not just luck.

Casey Stubbs (caseystubbs)
Jul 09 2020 at 13:48
4 inlägg
I think they lose because of discipline not willing to do the hard things that require success.

Tryphone2475
Jul 09 2020 at 14:31
1 inlägg
Get rich Quick mentality is a biggest killer of many forex accounts

Mariusz (Mariusz54546)
Jul 15 2020 at 13:32
14 inlägg
It is necessary not to spread out and use all trading methods at the same time, a sequence of actions, a cold-blooded approach to trading.

vontogr (togr)
Jul 15 2020 at 14:09
4862 inlägg
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.


The question is why should they be profitable out of nowhere
You can't be dentist or rocket sience engineer without years of study
Why should be Forex any different?

Mirakelv
Jul 15 2020 at 21:33
18 inlägg
I agree the beginners who come to trade on forex think they'll be sprinkled with mountains of gold. Because of their self-confidence and inexperience, they lose all their initial capital and get disappointed. They cannot initially understand that trading is quite complicated and that it takes a lot of effort to make a profit. Therefore, I advise all beginners to open a demo account and feel the principles of trading.

Dictiony
Jul 16 2020 at 00:33
231 inlägg
kaatib posted:
I think there is lack of experience and knowledge about this market, most of the people do Forex just for thinking they will win by not having great strategy, they trade for luck not for strategy.

Yes, agree with you if you have no skills, knowledge and experience then it will be difficult for you to make money in Forex and you can face loss in the trading.

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