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Most people fail because

Oct 04, 2020 at 11:33
3,378浏览
87 Replies
会员从Jul 20, 2020开始   298帖子
Dec 12, 2020 at 02:28
Most people face loss because of their excessive greed. So every trader should control greed. If greed can be controlled and traded, it is possible to make a profit.
会员从Nov 11, 2020开始   34帖子
Jan 06, 2021 at 07:05
There are a lot of reasons as to why people fail. Lack of proper knowledge, neglect, greed for profits, etc. could be some reasons.
会员从Dec 16, 2020开始   23帖子
Jan 07, 2021 at 05:05
The reason people fail is because they don't have a concrete trading plan.
会员从Oct 30, 2020开始   21帖子
Jan 07, 2021 at 05:41
TR4DEX posted:
Most people fail because... Greed
The reason many forex traders fail is that they are undercapitalized in relation to the size of the trades they make. It is either greed or the prospect of controlling vast amounts of money with only a small amount of capital that coerces {forex traders} to take on such huge and fragile financial risk.
must read {Top-hidden-secrets-of-forex-trading}
https://fxreviewtrading.com/articles/top-hidden-secrets-of-forex-trading-and-its-application/
会员从Oct 01, 2020开始   49帖子
Jan 19, 2021 at 09:33
Brank_A posted:
The reason people fail is because they don't have a concrete trading plan.
There are instances when there are failures due to trader’s own negligence but they learn from those mistakes. Planning can reduce the risk but it’s not a sure thing that every trade goes according to the strategy.
会员从Jun 30, 2020开始   37帖子
Jan 19, 2021 at 12:22
A home is built on a strong foundation and every trading journey starts from the solid plan. I think another reason (besides not having a trading plan) why newbies fail in the markets is due to unrealistic expectations. They think just opening an account with a broker will reap benefits which is not possible even in the fairy tales.
会员从Sep 15, 2020开始   20帖子
Jan 19, 2021 at 12:24
I think most traders fail because of a lack of knowledge and experience. And they are not trading, they gambling with greed and impatience.
会员从Oct 01, 2020开始   49帖子
Jan 21, 2021 at 09:42
Lycineandrew posted:
A home is built on a strong foundation and every trading journey starts from the solid plan. I think another reason (besides not having a trading plan) why newbies fail in the markets is due to unrealistic expectations. They think just opening an account with a broker will reap benefits which is not possible even in the fairy tales.
Also majority of the people think if they have the best broker they can earn a huge amount of money. Brokers are important but no doubt the knowledge which you have as a trader is also important. I am using price action trading with short time frames in contrast with longer time frames. I am using the MT4 platform with both Fxpro and Fxview which help me to explore a range of markets. So step by step understanding the whole process of trading is very critical for every trader.
会员从May 24, 2020开始   112帖子
Jan 21, 2021 at 10:43
Indeed, the success of the cavity does not depend on the choice of the broker, although I can say that Amarkets is a decent and reliable broker with experienced managers and good trading conditions, but if there is no knowledge, the desire and desire will fail.
会员从Jun 30, 2020开始   37帖子
Jan 21, 2021 at 12:25
Lorencecolling posted:
Brank_A posted:
The reason people fail is because they don't have a concrete trading plan.
There are instances when there are failures due to trader’s own negligence but they learn from those mistakes. Planning can reduce the risk but it’s not a sure thing that every trade goes according to the strategy.
The most experienced traders also fail sometimes because they do not revamp the strategy altogether. Markets change every second so it is absurd to think a strategy will keep on working for a long time. Does anyone think that there is a actually a long term strategy which can keep working for years and years?
forex_trader_1641092
会员从Jun 17, 2020开始   17帖子
Jan 21, 2021 at 13:53
Greed! the only reason.
The same reason why people fail marriages too.
会员从Jun 03, 2020开始   56帖子
Jan 22, 2021 at 04:15
Lycineandrew posted:
Lorencecolling posted:
Brank_A posted:
The reason people fail is because they don't have a concrete trading plan.
There are instances when there are failures due to trader’s own negligence but they learn from those mistakes. Planning can reduce the risk but it’s not a sure thing that every trade goes according to the strategy.
The most experienced traders also fail sometimes because they do not revamp the strategy altogether. Markets change every second so it is absurd to think a strategy will keep on working for a long time. Does anyone think that there is a actually a long term strategy which can keep working for years and years?
No matter which brokers you use from the markets ranging from low cost ones like Fxview to the ones requiring higher investment like IG; no broker can do magic if the strategy is not in place. It is a very tedious process which you have to commit yourself to so that you don’t lose money.
会员从Jun 30, 2020开始   90帖子
Jan 22, 2021 at 08:11
You cannot rely on one thing, everything must be combined and then the result will be good enough
会员从Jul 20, 2020开始   341帖子
Jan 22, 2021 at 09:30
Make a good plan and choose the best strategy to make money in this lucrative market.
会员从Oct 01, 2020开始   49帖子
Jan 22, 2021 at 10:49
Lycineandrew posted:
Lorencecolling posted:
Brank_A posted:
The reason people fail is because they don't have a concrete trading plan.
There are instances when there are failures due to trader’s own negligence but they learn from those mistakes. Planning can reduce the risk but it’s not a sure thing that every trade goes according to the strategy.
The most experienced traders also fail sometimes because they do not revamp the strategy altogether. Markets change every second so it is absurd to think a strategy will keep on working for a long time. Does anyone think that there is a actually a long term strategy which can keep working for years and years?
If one strategy was to work forever then everyone would have adopted it by now.
会员从Jan 22, 2021开始   125帖子
Jan 25, 2021 at 12:06
I would say that try to keep your excitement at low levels and invest patiently at the early phase of forex trading. One wrong trade can vanish your all hard earned money. Try to learn from small trades and then gradually move to bigger ones. Learning from mistakes keeps you on a safe path.
会员从Oct 20, 2018开始   300帖子
Jan 26, 2021 at 20:42
Mainly because wrong vision about what Forex is and what`s needed to succeed.
momchil_slavov@
会员从Aug 11, 2017开始   886帖子
Feb 20, 2021 at 05:33
self confidence is really important for real life and trading ,
but the main problem is we dont know actually what is self confident and what is over confident.
会员从Nov 19, 2020开始   104帖子
Feb 20, 2021 at 05:41
momo3HC posted:
Mainly because wrong vision about what Forex is and what`s needed to succeed.
That's right, Many traders start here with the wrong perception about what forex really is what it demands from traders to achieve success. And this is one of the basic reasons behind the failure of many.
会员从Oct 23, 2018开始   29帖子
Feb 22, 2021 at 10:57
mindset is what fails most traders over long term
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