why most traders lose money ?

Kuznec

Trader
Jul 5, 2017
11
1
9
38
Because most people are stupid, but it's their stupidity that does not allow them to understand that they are stupid.
 

JimTatum

Trader
Jan 28, 2017
40
6
14
29
SanDiego
Hi,

When a person comes to know about Forex, they think that it is easy to earn money in Forex. Most of the people wanted to trading in Forex as a part-time. They thought that they would earn extra money by simply sit in front of the trading station and enter into trading. For every business or trade, there is a Profit and Loss.
In traditional trading method, we can forecast the outcome of trading. But in the forex trading, market fills with lot of unexpectancy because of many factors such as volatility, liquidity, geo-political issues. In normal trading, we need to arrange everything such as capital, man-power, place etc. But in Forex trading these are the things not needed very much. We need only capital and electronic gadget to trading. But its not an easy way to earn profit like traditional trading.
Your Time and emotions decides the success in the Forex trading. You have to spend time in learning different types of techniques used in Forex. In every business, risk and money management is the deciding factor for success. It is suitable to Forex trading also. In your initial learning days, you learn only the basic terms, how to enter and exit trade and some strategies. You need not to trade everyday. You have to wait for your turn to enter into trading. It needs some time to decide what kind of trader(scalper, short-term trader, long-term trader) you are and what strategy really works for you. You cannot expect every entry in trading meets success. It is the combination of profits and losses. But your overall success rate tells whether you earn profit or not. You will learn to increase your success rate. But it takes time. So you need to be patience in learning all the aspects of Forex trading.
Happy Trading......
 
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SweetPrincess

Trader
May 9, 2017
117
28
24
41
In the Forex trading business, you will not survive if you do not have proper education. It is not about how much money do you have. It is about the knowledge that you have in your mind. Being a successful trader requires a lot of knowledge and skills. Trading requires constant research, evaluation and discipline.
 

Kuznec

Trader
Jul 5, 2017
11
1
9
38
In the Forex trading business, you will not survive if you do not have proper education. It is not about how much money do you have. It is about the knowledge that you have in your mind. Being a successful trader requires a lot of knowledge and skills. Trading requires constant research, evaluation and discipline.

Thus, forex is not suitable for most people, and the error lies in its advertising, where trade is tried to present accessible to everyone regardless of his mental abilities, gender and age.
 

Nicolas Sanz

Trader
Dec 7, 2017
32
5
19
51
Trade is the same science as building, programing, ect. which you first need to learn. If a person who does not know his business build a house, it will collapse. With the money traders will be the same.
 

Linda11

Trader
Dec 7, 2017
9
0
7
38
Firstly, the prices for the Forex market were formed according to the rules. Supply and demand, etc.
The more money it receives, the more we face manipulation from different sides. It is profitable business for "everyone" to bring large amounts to drawdowns.
 

JohnyIve

Trader
Feb 11, 2018
63
10
24
31
Because a lot of newbie traders thinks it easy to earn a lot of money via Forex. But you have to be patient, time to time search new strategies and test it in demo account. Of course, succes is affected by the conditions of the broker. Also I definteley agree with Jim Tatums Post about people wanted to trading in Forex as a part-time.
 

Lesiro

Trader
Mar 4, 2018
40
3
13
29
Because people think they are very smart and forex trading is a bet they are going to win by all means! Because they don’t understand that forex market serves a much critical function of running the economies of various nations and forex trading is just an off-shoot where people are trying to profit from the fluctuation in the performance of the economies.
 

LawByLoh

Trader
Mar 18, 2018
6
0
6
40
Because a lot of newbie traders thinks it easy to earn a lot of money via Forex. But you have to be patient, time to time search new strategies and test it in demo account. Of course, succes is affected by the conditions of the broker. Also I definteley agree with Jim Tatums Post about people wanted to trading in Forex as a part-time.

Very well answer...
 

Feswyn

Trader
Nov 22, 2019
10
3
8
49
Most traders lose money due to a lack of professionalism and self-confidence. Newbie traders believe that they have high skills and are able to solve problems. Because of self-confidence, people act risky and see only one side of the coin. Self-confidence gives an illusory idea of one’s own capabilities and abilities, prevents one from looking at oneself from the outside in order to evaluate all one’s strengths and weaknesses. In self-confident behavior, a person doesn't give a real report, so in some cases trader can do harm without understanding strength correctly. So in order to achieve success you need to be realistic :)
 

btseen

Banned
Jan 17, 2020
42
13
19
41
There are so many factors like greed, overconfident, poor risk managament, poor money management, emotion unstable. The list goes on!
 

TFA

Trader
Jan 23, 2020
71
5
14
37
You need to do a proper beginners bootcamp, demo, to help you be proficient in forex, before going live
 

AKFX

Trader
Mar 5, 2019
21
0
17
33
There can be many reasons, primarily I believe it is because the majority cannot apply the correct mindset and control their emotions when trading.
 

Daath

Trader
Apr 5, 2020
25
1
9
34
In order not to lose, traders must adhere to their clearly defined plan and trade according to this plan, even when it seems uncomfortable to them