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Why people lose money in Forex Trading?

EllisParker
Jul 16 2020 at 06:48
34 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.


You are right. People have huge misconceptions regarding forex.

Dariusz (Dariusz54t454)
Jul 16 2020 at 09:00
17 inlägg
First of all, people lose money because they do not fully understand what they are doing.

Mariusz (Mariusz54546)
Jul 16 2020 at 09:10
14 inlägg
Most often, blame is lost due to human greed

Felhagamand
Jul 16 2020 at 13:52
25 inlägg
People lose money in forex and especially the new traders because they join forex with the wrong idea. If there is one thing I am sure of it is that forex will never make you rich. The ads ake it seem simple but the reality is quite the opposite. If al you can think about is that when you join forex then you will lose a lot of money.

Centrillador
Jul 16 2020 at 14:08
16 inlägg
People lose money in forex becaue they do not take their time to learn. Someone joins forex ad a week later they are already trading. That is a very big mistake. If you do not have knowledge in forex then you will not make it far. People fear learning because there is so much to learn and it is very complicated in a way.

Shalinara
Jul 16 2020 at 14:27
18 inlägg
People lose a lot of money in forex because they take big risks. Trading with high risks guarantees high returns but not in all situations. Those who are not ready to trade patiently with less risks are the ones that have to face these losses. If they take their time then they would not make such losses. Do not rush because things rarely work out that way.

Akos (Akos53435627)
Jul 20 2020 at 12:08
10 inlägg
The market is so arranged that many people lose their accounts

vontogr (togr)
Jul 20 2020 at 12:59
4862 inlägg
Akos53435627 posted:
The market is so arranged that many people lose their accounts

can you elaborate more on this
what does mean market is arranged?

Shelby10
Jul 21 2020 at 16:11
140 inlägg
Most traders lose their money because of low knowledge about forex market.

Honest_Fx (Curtid33)
Jul 26 2020 at 02:28
49 inlägg
I lost money because I just wasn't patient. The mistake was putting in more money to get back those losses too haha. The hardest thing to understand was that you dont have to trade everyday or hunt for trades every session. Nowadays I dont even trade everyday, it's like a part-time gig that earns great returns. Ignore the noise from social media.

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