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Reasons for 95% losers in Forex!
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[QUOTE="SymphonyTrading, post: 174365, member: 62497"] 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. [/QUOTE]
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