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Most people fail because
Dec 17, 2021 at 20:02
เป็นสมาชิกตั้งแต่ Apr 17, 2021
11 โพสต์
Most people fail because they believe in fairytales that trading is the infinite source of money available to everyone without proper background, knowledge and skills. Surely, such a conception is far from being true as trading requires lots of patience, efforts and motivation. It is something like answering the question of why the most of writers fail to be famous and well-paid. Because not all of them are ready to live in poverty before the learn how to write cool things and attract publishing houses. Trading is quite the same: only the strongest can stick it out and get to the bottom of everything which happens on the market. They accept the challenges of the market every day and they are ready to overcome the hurdles on their ways. If you think that you can come to trading and start making good decent profits immediately, you'd better go to casino and leave the money there. At least, you'll derive some pleasure from it.
เป็นสมาชิกตั้งแต่ Jun 26, 2020
323 โพสต์
เป็นสมาชิกตั้งแต่ Aug 27, 2017
875 โพสต์
เป็นสมาชิกตั้งแต่ Mar 17, 2021
494 โพสต์
Dec 21, 2021 at 06:02
เป็นสมาชิกตั้งแต่ Dec 13, 2021
31 โพสต์
Many factors determine whether a trader will be profitable or not. Some of the most common factors include discipline, effective strategies, and risk management. Many traders do not have one or more of these factors, and this is why most fail in forex.
เป็นสมาชิกตั้งแต่ Jun 26, 2020
323 โพสต์
เป็นสมาชิกตั้งแต่ Aug 05, 2021
394 โพสต์
Dec 21, 2021 at 16:29
เป็นสมาชิกตั้งแต่ Aug 05, 2021
394 โพสต์
I have noticed more and more beginners signing up on other forums. It's good that there is a lot of interest in trading, but I can't help but assume that many of them are trying to rush into it without the knowledge that comes with it. I've also seen a lot of posts saying that they are trying to make money quickly, which never works in this market without the proper knowledge or time investment.
Dec 23, 2021 at 05:06
เป็นสมาชิกตั้งแต่ Feb 20, 2021
77 โพสต์
There are a lot of factors that could be the reason for failure but the main reason according to me is less knowledge. If you start trading without enough knowledge you are going to make losses and that too continuously sometimes. But if someone enters trading after learning and practising, trading would be comparatively easy and profitable.
เป็นสมาชิกตั้งแต่ Jun 07, 2021
70 โพสต์
Dec 23, 2021 at 05:11
เป็นสมาชิกตั้งแต่ Jun 07, 2021
70 โพสต์
Most people enter trading in the lure of big money. There is a misconception among some of them that to get that big money profits you have to risk big. But the actual way of making big money is earning small and well planned profits consistently. Taking huge risks should be completely avoided and you can simply save your losses through proper risk management. But this greed of quick money becomes the reason for failure for many.
Dec 25, 2021 at 19:16
เป็นสมาชิกตั้งแต่ Feb 25, 2021
5 โพสต์
Trading without knowledge is like walking in the dark. You don't know what your risks are and you don't see any dangers which await you on your way. Knowledge is a kind of a lantern which shows you where and how you should go and which way to behave.
Jun 16, 2022 at 11:31
เป็นสมาชิกตั้งแต่ Jun 02, 2022
20 โพสต์
essencejo posted:
One of the main reasons I believe most individuals fail is because they give up. Trading is a long process that takes a great deal of motivation and consistency. Those who give up and lose interest will fail.
That is quite a valid reason you have put forward. I think forex trading is very sensitive and a single small mistake can result in losing the trade.
Jun 20, 2022 at 10:59
เป็นสมาชิกตั้งแต่ Jun 02, 2022
23 โพสต์
Most traders fail because they don’t have a strong mind to accept and to adapt. There are no real rules of trading. You build them for yourself. If you are not able to be disciplined and stick to your trading plan, you will obviously fail because without having a path to move ahead, you will get lost in the forex market.
เป็นสมาชิกตั้งแต่ Jan 11, 2022
45 โพสต์
Jul 01, 2022 at 04:13
เป็นสมาชิกตั้งแต่ Jun 03, 2022
25 โพสต์
In forex trading, most people fail because they don't know when to exit their trade. They continue to trade a losing position instead of getting out of it.
A lot of traders believe that it's better to wait until the last minute before taking a position. This is a very risky way to trade because you may end up getting stopped out with no profit at all.
A lot of traders believe that it's better to wait until the last minute before taking a position. This is a very risky way to trade because you may end up getting stopped out with no profit at all.

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