Some of the traders who fail in here in the forex market is because they are not able to know where their weak point is. This thing will make them not to be able to discover what is the main cause of their losses. Every trader has his or her own weakness and better if the trader discover it quick.
Mar 24 2021 at 11:00
According to me, most of the traders fail when they get impatient and want to earn quick bucks in short span of time. One should understand that it is important to have a control on the emotions and focus only on enhancing the knowledge in order to get successful in Forex market.
Mar 24 2021 at 17:44
KnowFinance posted:Ture. There is no way to become rich overnight. Don’t even think like that.
According to me, most of the traders fail when they get impatient and want to earn quick bucks in short span of time. One should understand that it is important to have a control on the emotions and focus only on enhancing the knowledge in order to get successful in Forex market.
If we can tame our emotions while trading we can get good success. We also need to patience. We have to wait for a good trade. If we don't have patience we can end up opening trading too early or too late.
Mar 25 2021 at 13:20
Tremblay posted:It is better to trade without any emotion. But it is hard to do than say.
If we can tame our emotions while trading we can get good success. We also need to patience. We have to wait for a good trade. If we don't have patience we can end up opening trading too early or too late.
Apr 07 2021 at 11:11
People fail mostly because they are not aware of what they are doing and are hasty enough to jump into trading forex. They should practice more.
Before risking money, a trader must analyse what they are capable of doing. By doing introspection, they will be able to make better trading moves in the market.
Apr 08 2021 at 01:35
One of the reasons for failing in trading is not maintaining discipline and plan. If I plan, I will be able to make a consistent profit.
Right, most of the new traders fail in Forex trading due to lack of knowledge and they do not want to hard work to learn it first. They only want money so mostly they fail.
Dictiony posted:I completely agree with you.
Right, most of the new traders fail in Forex trading due to lack of knowledge and they do not want to hard work to learn it first. They only want money so mostly they fail.
we generally fails due to own mistake but in practically we the traders blame this market place , market never follows any rules but it always moves at his own way.
beginners most of the time fail due to using high leverage with no strong money management. its a very6 common reason and happening every day.
When a beginner, without experience, takes a large leverage, the hidden one also refers to a large profit, as a result of which there is a general loss of funds.
Many times traders come here in order to make money easily and instantly, but they forget there isn’t any shortcut to get success. You have to learn a lot in order to get success and become pro traders. Greed is the major weakness in almost every trader, try to avoid it as much as you can.
It's just that some people think that the smartest here are better than others here to figure it out and make money quickly.
Apr 22 2021 at 11:19
That is one reason for them to fail. Most of them also fail due to a lack of knowledge about the market.
Kazile posted:Yes. trying to make money quickly is one of the common reasons to lose money.
It's just that some people think that the smartest here are better than others here to figure it out and make money quickly.
Yes knowing your weakness and strength is very important in trading. If you do not know what's your weakness you won't be able to improve your trading.
Apr 23 2021 at 11:17
Improving Forex trading depends on Totally Mindset. Trading is not possible without proper education. So I always try to have trading knowledge. The trader fails due to a lack of trading knowledge.
Apr 23 2021 at 11:23
SofieAndreasen posted:Yes. Emotion is the worst thing in trading.Tremblay posted:It is better to trade without any emotion. But it is hard to do than say.
If we can tame our emotions while trading we can get good success. We also need to patience. We have to wait for a good trade. If we don't have patience we can end up opening trading too early or too late.
