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reasons why traders lose

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  • 1 171819Page 2021 22
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  • Post #381
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  • Jan 1, 2021 6:52pm Jan 1, 2021 6:52pm
  •  allinazi
  • Joined Jul 2017 | Status: Member | 449 Posts | Online Now
Quoting mlawson71
Disliked
Many newbie traders think they'd start trading and start making money within weeks - that is often the result of unethical trading on the brokers' part.
Ignored
why do u keep mentioning the broker ?
unethical trading on the brokers part? What does that mean v
Track record - https://www.fxblue.com/users/24423
 
 
  • Post #382
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  • Jan 1, 2021 9:12pm Jan 1, 2021 9:12pm
  •  SamGoi
  • | Additional Username | Joined Aug 2020 | 109 Posts
Emotions are the main obstacle to success. So first you have to learn to control emotions.
 
 
  • Post #383
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  • Jan 2, 2021 12:25am Jan 2, 2021 12:25am
  •  ViktorDanie
  • | Additional Username | Joined Jul 2020 | 130 Posts
Quoting mlawson71
Disliked
Many newbie traders think they'd start trading and start making money within weeks - that is often the result of unethical trading on the brokers' part.
Ignored
It is better to practice in demo account for at least 4 months. And invest small money first in real trading.
 
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  • Post #384
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  • Jan 2, 2021 6:39am Jan 2, 2021 6:39am
  •  Sainrad754
  • | Additional Username | Joined Aug 2019 | 81 Posts
The reason why most of the traders tend to lose in forex and especially the beginners is because of their midst. If you really take a moment to observe many people trading than the one common thing that you will easily noise is that most traders buy more than they sell. In simple terms it means the thye predict that the market will go up more times than they predict that the market will go down. It's something that just drives people to do that, Most people kind of fear the whole selling thing and they most of the time expect the market to go up and some even force it to be that way. Do not be consistent on buying but rather sell too.
 
 
  • Post #385
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  • Jan 2, 2021 6:44am Jan 2, 2021 6:44am
  •  Sajar
  • | Additional Username | Joined Nov 2019 | 46 Posts
One of the most common reasons why traders lose is because they have strong desire to get rid through forex. Most people never actually understand that forex trading is not what they think it so when they join. In the forex ads they always make it seem so simple and then they take away the idea of risks from the targeted people by making the risks seem like they do not matter. If you are so hell bent on being rich through forex then you will fail so fast and very hard. Most people have learn that the hard way. In forex you need learn and you need to be disciplined of you want to be successful. That's how it works.
 
 
  • Post #386
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  • Jan 2, 2021 7:01am Jan 2, 2021 7:01am
  •  Yolarkahen
  • | Additional Username | Joined Mar 2020 | 23 Posts
The reason why most traders lose in forex is because of the lack of knowledge. Most of the people that join forex think that it is an easy win kind of profession which is a very bad way to look at it. In forex you have more chances of losing that n winning when you join. The reason why people lose more than they win has never actually been proven. No matter the kind of person you are you will always find to easy to lose than to win. That's why the knowledge helps to alleviate that so that t is less easy to lose. It does not however mean that you are immune to losing. There is also the tendency of people to predict up more than they predict down.
 
 
  • Post #387
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  • Jan 5, 2021 3:55am Jan 5, 2021 3:55am
  •  AlexImam
  • | Additional Username | Joined Apr 2018 | 323 Posts
generally we the traders always loss due to same reason , lack of knowledge and lack of money management , this is the very common reason why traders losing every day.
 
 
  • Post #388
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  • Jan 5, 2021 5:50am Jan 5, 2021 5:50am
  •  Kesha8
  • | Additional Username | Joined Dec 2020 | 6 Posts
Well another major common reason for mistakes is trading without a journal.
 
 
  • Post #389
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  • Jan 5, 2021 9:26am Jan 5, 2021 9:26am
  •  mlawson71
  • | Additional Username | Joined Dec 2015 | 3,529 Posts
Quoting ViktorDanie
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{quote} It is better to practice in demo account for at least 4 months. And invest small money first in real trading.
Ignored
In my opinion half a year is even better than four months, though some people are in a hurry.
 
 
  • Post #390
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  • Jan 5, 2021 10:52am Jan 5, 2021 10:52am
  •  allinazi
  • Joined Jul 2017 | Status: Member | 449 Posts | Online Now
Reasons why traders lose --- give too much weight to a demo ..... Wake up guys !!!!
Track record - https://www.fxblue.com/users/24423
 
 
  • Post #391
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  • Jan 6, 2021 3:36am Jan 6, 2021 3:36am
  •  AlexImam
  • | Additional Username | Joined Apr 2018 | 323 Posts
demo is important but i have seen the result we get from demo , this experience not works when trading in a live account.,
 
 
  • Post #392
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  • Jan 6, 2021 5:35am Jan 6, 2021 5:35am
  •  NeilWagner
  • | Additional Username | Joined Mar 2017 | 484 Posts
demo is important just for basic knowledge , as beginners should do it minimum for 3 months but in practical most of the beginners dont believe the importance of this trading place at all.
 
 
  • Post #393
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  • Jan 7, 2021 3:48am Jan 7, 2021 3:48am
  •  AlexImam
  • | Additional Username | Joined Apr 2018 | 323 Posts
i have seen most of the traders who are above all beginners never believe the importance of this trading place , they trade here at random most of the time.
 
 
  • Post #394
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  • Jan 7, 2021 4:46am Jan 7, 2021 4:46am
  •  remonpilip
  • Joined Nov 2019 | Status: Member | 164 Posts
no plan
Let ur winners run & cut ur losses short.
 
 
  • Post #395
  • Quote
  • Jan 7, 2021 4:47am Jan 7, 2021 4:47am
  •  remonpilip
  • Joined Nov 2019 | Status: Member | 164 Posts
Quoting allinazi
Disliked
reasons why traders lose --- give too much weight to a demo ..... Wake up guys !!!!
Ignored
hahahahaahahhahaah agreed
Let ur winners run & cut ur losses short.
 
1
  • Post #396
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  • Jan 7, 2021 4:48am Jan 7, 2021 4:48am
  •  remonpilip
  • Joined Nov 2019 | Status: Member | 164 Posts
many peeps just want the money and not the forex, if you know what i mean
Let ur winners run & cut ur losses short.
 
 
  • Post #397
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  • Jan 7, 2021 6:06am Jan 7, 2021 6:06am
  •  DarrenLehma
  • | Additional Username | Joined Mar 2017 | 490 Posts
so many reasons behind losses and if you see carefully that are are same and very common , lack money management is the most one of them , generally we think only good knowledge can bring good amount of profit but in reality to totally different.
 
 
  • Post #398
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  • Jan 7, 2021 6:58am Jan 7, 2021 6:58am
  •  OleOle
  • | Joined Jan 2021 | Status: Junior Member | 4 Posts
Because realistically it takes years of study to learn but people naively believe they can do it in 3 months. Most people are idiots, so when you look at the % failure rate, take that into account
 
 
  • Post #399
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  • Jan 7, 2021 10:27am Jan 7, 2021 10:27am
  •  Tobias19
  • | Additional Username | Joined May 2020 | 12 Posts
Most traders that I have seen lose in trading is mostly because of using higher leverage during their initial live trading.
 
 
  • Post #400
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  • Jan 7, 2021 7:27pm Jan 7, 2021 7:27pm
  •  Proflection
  • | Additional Username | Joined Jan 2021 | 4 Posts
There's nothing wrong with high leverage, I used it and I was fine, it's all about your risk management. If your strategy works really well then not use a higher leverage?
 
 
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