Truly most traders don't get success in forex. The reason is their trading decisions are not based on sound research and learning. They think forex is a cash machine. You trade and procure immense cash. They don't consider it as a business.
Oct 17 2020 at 00:52
Most traders cannot be successful because they do not have good knowledge about trading. If you want to make a profit in trading, you must develop skills with patience. You have to make a profit by combining many strategies. Loss can occur if this combination is not correct. All in all, if you want to make a profit from trading, you have to learn first.
Success is achieved by those who take this trade seriously and treat it like a business.
Yes only around 5% traders are successful for long term. Lack of skills and psychology is the main reason of such failure. People give more focus on trading than learning. But learning should be the first priority.
Oct 24 2020 at 16:12
Most of the traders don't get success because of their strategies. Most traders choose the wrong strategies.
Oct 25 2020 at 11:17
Most traders don't get success because they have no knowledge about the market and trading.
Oct 26 2020 at 02:23
Forex is not a money-making machine. If you want to make a profit here, you have to develop skills first. And need to collect information. Need to know about money management and risk management. It is better to focus on education without focusing on profit. Profit will be automatic if you have proper knowledge about trading.
Nov 05 2020 at 11:32
The reason why most traders don’t get success is because they can keep a control on their emotions.
Nov 06 2020 at 11:49
When trading, make sure that you obtain enough knowledge. Lack of knowledge is the main reason for people losing money while trading.
Nov 26 2020 at 07:54
Most people lose in the forex market because they can’t keep their emotions aside. They become emotional and overtrade.
Nov 26 2020 at 08:12
Most of the traders don't get success because of their low knowledge. Without knowledge, no trader can survive in this risky market.
Nov 26 2020 at 17:24
Mikehamilton posted:That’s true. I think fear of lose make the trader to do overtrading. So, invest small and keep your fear in control.
Most people lose in the forex market because they can’t keep their emotions aside. They become emotional and overtrade.
Not all traders can be successful because not all of them have the required knowledge about trading.
Dec 23 2020 at 09:33
Detailed research and learning are some essential tips for every forex trader. Their success depends on knowledge and practice.
May 09 2021 at 14:06
Lack of knowledge and strategy are the most common causes for failure in the trading market.
May 27 2021 at 13:25
I think every trader has their own reason for not being successful in the market. It becomes quite important for everyone to research and develop the necessary skills required for trading forex.
May 27 2021 at 15:28
Due to less knowledge of the forex market, this happens. For a trader, it is very important that you must know how to place good trades with proper trading strategy. and don't forget to back-test the strategies.
May 27 2021 at 19:27
SofieAndreasen posted:I agree with you. Proper knowledge is mandatory to trade in the forex market.
Lack of knowledge and strategy are the most common causes for failure in the trading market.
Because this reason forex called a high-risk high gain business, in success story we will read many traders that able to make big money from trading and look like very easy but in the fail story, an opposite story like as losing big money in forex then try to suicide, bankruptcy because forex has many debt in the bank etc,
