Discussion in 'General Forex Discussion' started by KASHIF 007, Mar 31, 2018.
Why people have big loses in trade?
Because it is easy to lose in trading.
hey kashif...... from what i've noticed over the years, the number one reason is most trade too large a lot size..... they want too much too fast.....
very few are interested in hearing it much less in trying it, but if they would trade using the smallest lot size available and try to make just a coke a day, it would greatly increase there chances of success..... around here a coke goes for about 1$..... so try to make just 1$ a day..... once they could easily make 5 cokes a week, then try to make a hamburger meal a day..... around here that's about 5$...... so try to make just 5$ a day..... then move up to 10$..... limit your trades to only a few a day.....
there is nothing wrong with trying to double your account in 6 months, but nothing right in trying to do it in 1.....h
Because its extremely hard to beat the market. Basically it's almost excellent machine which constantly changes and there is no strategy that will always work for you.
Because they make silly mistakes and trade without "free" mind. Of course don't forget about risk and money managment. They just want in one day multiply their deposit x10 and buy a property and buggati but in real world it don't work.
Oh, you just read my mind... I totally agree with you.
Mistakes are part of trading? Till your losses bother and unnerve you their repeated happening is inevitable
Yes and need to cool be a cool trade maximum time (85%) lose in trade!
You can lose your money on Forex because of a lot of reasons from nonobservance of trading system to unsucessful management of risk. It's important to analyse mistakes and dwar the conclusions.
Traders lose money because the market is so arranged - to take away money from them. The market is a hostile environment, there is nothing just do not give.
Traders Losing Money Because:
Taking too much risk without plan
Focusing too much time and effort on a technical that doesn’t work.
Getting confused by too many ideas.
Making things way too difficult.
nobody know where is the market will move...so dont place all of your capital in forex. Just make it simple...
I think, there are a lot of reasons for it. Here you are my own list:
- lack of knowledge (learning is your key to success, no matter how experienced you are)
- untrustworthy broker (search for info about broker you want to work with, first of all)
- absence of strategy (there is no ideal strategy, but you can create the most appropriate for you)
- great influence of emotions (what you need is to control your fear and anger and stay cool)
- too risky (do not trade everything you have; it also makes you too emotional)
The list is very long; but the main reason is: lack of trading knowledge! In Forex, it’s quite impossible to make quick money but new traders don’t try to understand this terminology.
psychology is the reason
Trading psychology mindset is 80 % of trading success
The first is lack of knowledge or experience.
The second is lack of discipline, as the trader can fail to execute his own strategy, even if it is profitable.
Loss is the inevitable part of trading but huge losses are result of poor risk management.
People have big loses in trading because they do not want to learn. They just want to earn. The simplest way to loose is to try something without prepations.
For sure, learning is the most important part of trading. Of course, the final goal is to earn money, but trading is mostly about the way. Only those who use professional approach to their trading self-education can successfull on the markets. Trading consists of 80% analysis and learning, and only 20% of executing trades.
I agree with you; risk management is an important issue here! without following the rules of risk management traders will face huge lose for sure.
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