Most people fail because

Leaning from own trading mistake is the best practice! But, we should try to complete our main learning process in the beginning stage of trading!

I believe if you are new to trading you should start with a demo account with whatsoever amount you want and if your want to go live start with a smaller amount.

Make sure consistent losses don’t deject you. Take a deep breath and increase the amount of learning. If traders trade in Forex using less risk, things are not like this to traders.

Tradelist45 posted:
Leaning from own trading mistake is the best practice! But, we should try to complete our main learning process in the beginning stage of trading!

True! Rushing with trading takes you nowhere. Take small steps and analyse your trades and learn from them so that you can strategize your trades more effectively in future.

Probably been said multiple times before. Grid Martingale EA's and overleveraging their accounts.

The main reasons why traders lose money are ignorance of the market knowledge, impulsive trading, and the desire for quick gains.

Different traders has different knowledge, skills and psychology, why many traders fail because forex market full uncertainty, however isn't means no successful trader here, it also depends on our skills, keep learning from the mistake and go ahead.

Most traders fail because they don’t stick to one plan and invest time on learning. Also, they don’t have a good money management system in place to protect them from losing trades.

Traders need to invest in themselves and learn the market. Money and risk management work. Learn how the market works and the tools that will fit your needs. Focus on consistent growth rather than rushing the process.

Many factors can contribute to trading business failure, including a lack of sufficient knowledge, a lack of essential skills, bad execution, a lack of proper planning, and so on. To be successful in trading, traders must work on several things such as their knowledge, trading abilities, a flawless trading plan, and so on.

A lot of reasons account for a trader’s failure. In my opinion, the most prominent reason is lack of trading expertise and poor mindset. People take it lightly and are always looking for ways to make quick money. It’s crucial to understand that just like any business, trading requires consistent learning and discipline.

Leaning from own trading mistake is the best practice! But, we should try to complete our main learning process in the beginning stage of trading!

Tradelist45 posted:
Leaning from own trading mistake is the best practice! But, we should try to complete our main learning process in the beginning stage of trading!

If this is the approach you prefer, the then trial-and-error method can be pretty expensive for a live account. It’s better to practise in the demo market. It will save you a lot!

Most fail only due to one major reason: no control of emotions. If you aren’t able to relax and make rational decisions, then surviving these uncertain conditions can take a toll on your decisions and mental health. It takes time to earn money so be calm and move accordingly.

Learning is the foremost ways to keep survive in this volatile trading place in a proper way. But sorry to say maximum traders who are particularly newcomers try to make money from here without learning. As a result they become loser when trading practically. It would be great if we choose the broker which always ensures best trading environment for learning this trading place by providing exclusive educational facilities.

Most people fail because they do not have enough experience and expertise to trade in the forex market.

There is so many reasons why a trader fails, the factor could appear from internal or external factor. Internal factors is included bad emotion control, bad risk management, reckless trading decision, etc. External factors included dynamic market unpredictability, disconnecting problems, etc.

Technical and fundamental analyses are the weapon for this. While trading, we mostly prefer looking at indicators but we don’t know that candlesticks’ shape and sizes foretell us the market’s direction.

both are important but i think fundamental is more important to predict the real faction of this market with certainly.