Another reason why 99% of traders fail

Got new statistics, by the way, 63% or 90% indicates same clear issue. Majority become loser from this market place because traders try to make money from here without learning , but there is no short –cut way to make sure good profit from here.

I think one issue is that many currency traders feel they have to be trading all the time. Rather than waiting for a high confidence trade, they redesign a strategy based on what is happening on their computer right now so that they can enter a trade. You very seldom see that in stock traders and you almost NEVER see that in options or futures traders, but you see that quite frequently in forex traders. Not really sure why....

So true, I have also marked; many traders like to open new trades in every time, although there is no good entry point! That’s the problem. As a result, here more than 90% traders are struggling.

trade with no analysis is one of the foremost reason behind losses. so it is more appropriate to ensure minimum analysis , if you want to avoid minimum loses when trading practically.