This video discusses about why so many people fail at Forex. Most people lose money on Forex, its a fact and why does that happen. Because people come to Forex trading with a wrong mindset. They see Forex as a get rick quick opportunity and they learn the hardest way that Forex is not a get rich quick scheme.
Forex trading is a business and has to be treated like. Let us see the most common mistakes in this video that makes you lose your shirt on.
1. Forex trading to get rich quick.
2. Beginners want to achieve great returns in short time.
3. Thinking its easy to make money on Forex.
4. Thinking you are smarter than other traders or the market.
5. Thinking that you can make money in Forex with no work at all.
6. Using a bad Forex broker.