I believe that there are two main reasons for losing.
Gambl
FOR THE FIRST TIME, FOREX NEEDS TO BE CONSIDERED AS A WORK, NOT A HOW TO A GAME WHERE IT IS POSSIBLE TO WIN. Now I will tell you how I did at the beginning. I topped up the stock 100$, the plans were to triple the amount in a month. That is, in 30 days I had to earn 200$ more. 200$ divided by 20 days (weekends, unplanned holidays, and so on). It turns out that i need to earn 10$ a day. This is where the main problem begins. A person wants more money and faster, that is, there is grambl. But the grambl just spoils everything. You need to give yourself a clear installation, that 10$ a day and no more.
Ignorance
The second reason is inexperience and ignorance. A person does not know what a technical analysis is, but already tops up 1000$ and buys a bunch of currency pairs. I think it is clear that in 98% such a person is waiting for failure. Even if you consider yourself a very smart and successful person, then try on a demo account at least.
Gambl
FOR THE FIRST TIME, FOREX NEEDS TO BE CONSIDERED AS A WORK, NOT A HOW TO A GAME WHERE IT IS POSSIBLE TO WIN. Now I will tell you how I did at the beginning. I topped up the stock 100$, the plans were to triple the amount in a month. That is, in 30 days I had to earn 200$ more. 200$ divided by 20 days (weekends, unplanned holidays, and so on). It turns out that i need to earn 10$ a day. This is where the main problem begins. A person wants more money and faster, that is, there is grambl. But the grambl just spoils everything. You need to give yourself a clear installation, that 10$ a day and no more.
Ignorance
The second reason is inexperience and ignorance. A person does not know what a technical analysis is, but already tops up 1000$ and buys a bunch of currency pairs. I think it is clear that in 98% such a person is waiting for failure. Even if you consider yourself a very smart and successful person, then try on a demo account at least.
1