DislikedTrading could be the most difficult task in the world. Not only are you trading against the rest of the world. You also have to battle against your ownself emotions and discipline. It's no wonder most of the traders lose.Ignored
Why you lose money and will always lose 31 replies
Did we Lose any Brokers? Are we going to Lose a few? 1 reply
The one reason that trumps all other reasons why traders lose 262 replies
Real Reasons why Retail Traders lose money 75 replies
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DislikedTrading could be the most difficult task in the world. Not only are you trading against the rest of the world. You also have to battle against your ownself emotions and discipline. It's no wonder most of the traders lose.Ignored
DislikedYes you are right. There is another reason why people lose. Most people are introduced to forex in a wrong way. They think that trading is very easy task. You can very easily make money here with few hundreds bucks. Just do demo trading for few months, and shift to real trading and earn as much money as you wish.Ignored
DislikedBecause they do not use proper trading strategies and tend to be emotional. You won’t succeed in forex straightaway and always. As some of the members here have suggested gain some practical experience through demo trading before starting trading in the real world.Ignored
DislikedSounds good, trading in a demo account 4-5 months is a big deal, generally beginners complete this session within 1 month , but you did a great job , hope the experience you took from demo will works next . good luckIgnored
Disliked{quote} Yeah, I took my time but hopefully it will pay off. Thanks by the way! How would you describe your experience?Ignored
DislikedHere are some mistakes traders make when trading:
1. Low start up capital Most currency traders start out looking for a way to get out of debt, or to make easy money. It is common for forex marketing to encourage you to trade large lot sizes and trade highly leveraged to generate large returns on a small amount of initial capital.
2. Failure to manage risk Risk...Ignored
DislikedThe reasons could be manifold. But the most common ones are lack of a trading plan and if they have one they don’t stick to it. A lot of the traders don’t realize the importance of risk management. Spend as much time as you need on demo account to get used to the basics of trading. And accept the fact that you can’t avoid losses and risks in forex. You can only minimize them so learn how to do that well.Ignored
Disliked{quote} Demo is the best place for acquiring real trading knowledge especially for the beginners level , but we trade here at random most of the time , for that reason the experience we took from demo not works practically when trading in a real account.Ignored
DislikedHello! I have a question: how much is considered too low to start with? I'm ready for a decent investment in Forex and I plan to try and do things by the book. Thanks in advance!Ignored