95% of traders lose because 95% of traders do the same thing,eg S/L,TP,T/F ,Fibs Risk v Reward set in stone,its like shooting fish in a barrel for good traders
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Why you lose money and will always lose 31 replies
Did we Lose any Brokers? Are we going to Lose a few? 1 reply
Why most of traders lose on forex? 43 replies
Why the Beginner Traders Lose? 11 replies
Why Traders Lose Their Discipline 2 replies
Disliked95% of traders lose because 95% of traders do the same thing,eg S/L,TP,T/F ,Fibs Risk v Reward set in stone,its like shooting fish in a barrel for good tradersIgnored
DislikedI would have added another choice if were creating you poll on why 95% traders fail. Not learning how to discipline yourself in life and trading. To paraphrase on old adage - "To waste* is a terrible thing to a disciplined mind." (*to waste time, effort, sleep, money and skill on unprofitable habits, and disctractions)Ignored
Disliked95% of traders lose because 95% of traders do the same thing,eg S/L,TP,T/F ,Fibs Risk v Reward set in stone,its like shooting fish in a barrel for good tradersIgnored
DislikedLosing traders are too stupid to know when they have a winning system. Their false expectation is that a winning system wins most of the time with a few losses here and there. They have no concept of statistical variance. An outstanding winning system could easily have 12 to 20 losses in a row. Losers quit after 8 losses in a row and are off to the next system. They have no idea that they held a diamond in their hands and threw it away. They bet and gamble at 20% of their account at a time. Their account cannot survive the normal expected losses...Ignored
Disliked95% of traders lose because 95% of traders do the same thing,eg S/L,TP,T/F ,Fibs Risk v Reward set in stone,its like shooting fish in a barrel for good tradersIgnored
Disliked{quote} Because most people do not have necessary knowledge and skills. People come here with a expectation of making money quickly and easily. Basically they are introduced forex in a wrong way. If they have been told it will take time to learn the necessary skills, the percentage would have been different.Ignored
Disliked{quote} Why they lose ??? Because they are all sardines ... and the sharks love to eat sardines. If you lose money, it is because you are looking back and not forward. The group thinking here leaves you in the midst of all the other sardines, to be eaten by the sharks. The 2% (sharks) think and act differently I ate sardines on the 20th and stopped for 4-5 days ... hollydays.Ignored