Reasons for 95% losers in Forex!

skyinvest

Trader
Oct 8, 2019
2
0
6
28
Ukraine
skyinvest.online
Greed is the worst enemy. I lost my deposit this year just because I wanted to gain more and more and started to trade on Christmas holidays... If I would wait for a couple days I would earn more. But I lost while I was trying to make just +1% of profit:D:D
 

DT77

Active Trader
Feb 24, 2019
263
27
34
51
Greed is the worst enemy. I lost my deposit this year just because I wanted to gain more and more and started to trade on Christmas holidays... If I would wait for a couple days I would earn more. But I lost while I was trying to make just +1% of profit:D:D
Bad time to trade that...
 

Petez_FX

Trader
Aug 13, 2019
81
15
14
28
1. No patience
2. Fall for scams
3. Use EA's with high return, but they always fail.
4. Lack of education.
 
Sep 9, 2019
41
5
24
Fear and Greed! But mostly fear...In any market even in life.... Fear of taking losses and fear of taking profits. Fear of taking losses because most people are afraid to take that initial small loss which usually turns into a much bigger loss. Been there, done that... Fear of taking profits because most people will take a small profit in fear it will disappear instead of having patience and discipline to trade the plan. The net result is bigger losses and smaller winners, If you do the math you will never be successful. It's just human nature... but that's why God gave us a brain and free will so we can discover these things and just flip it around.
 
Jan 8, 2020
4
1
3
44
Lack of understanding of how market works, poor risk management and emotional trading. Most trader blow their accounts in days or even hours. Lack of discipline as well, and lack of patience. Traders go live earlier than they're ready.
 

Zack King

Trader
Mar 4, 2019
82
13
14
for me it is about mental state, I paniced when trading manually, so prefer EA trading, without my stupidity being involved.
this is interesting. i am the opposite. i prefer manual trading. i feel so out of control with EAs.and have you used the same service or keep switching EAs or you build them yourself? sorry for so many questions