Reasons why traders lose ?
The valid question is:
IS ANYONE WINNING ?
Big silence in the room?
The valid question is:
IS ANYONE WINNING ?
Big silence in the room?
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
5 Reasons Why Traders Lose 171 replies
Disliked{quote} most traders loose because they are rubbish at trading and the others loose because they are too good at trading as winning is not allowed (for long)Ignored
DislikedReasons why traders lose ? The valid question is: IS ANYONE WINNING ? Big silence in the room?Ignored
Disliked{quote} LOL, Mingray, yeah as hard as it is to believe, a lot of traders do make profitable trades..but got to ask, why do you immediately assume that everyone is lying about making money in forex - it lacks logic..Ignored
DislikedLuckily i had basic economic knowledge about the markets... And i tell you the market is a very complex mechanism... ultimately its driven by traders...Ignored
Disliked...Also trading as a profession is probably the oldest profession that every existed, even the caveman traded with his fellow caveman, so it has a very old culture and tricks behind it...Ignored
Disliked...No the Wikipedia definition is correct, forex is only a currency market, nothing else.However the currencies themselves are tied in with many many markets, currencies are affected by many things, including stocks ,bond etc.In large perspective with the entire economy, but the market itself is only about currencies.Ignored
Disliked{quote} Actually what lacks logic is to say that "a lot of traders do make profitable trades", this is no logical if 95 % lose at this game: "very few traders make profitable trades" is more accurate. A 95 % chance of losing is a bad, bad bet. ... So, with this in mind, it is absolutely certain that everyone lies about their forex trading activity at some level or another (when winning or when losing)Ignored
Disliked{quote} Actually what lacks logic is to say that "a lot of traders do make profitable trades", this is no logical if 95 % lose at this game: "very few traders make profitable trades" is more accurate. A 95 % chance of losing is a bad, bad bet. Your question: "why do you immediately assume that everyone is lying about making money in forex - it lacks logic" Simple. Everyone who have really invested themselves and given heart and soul to this project find themselves in denial when reality finally kicks in. Either, they lie because they believe they...Ignored
DislikedIf newbie would just trade higher time frames and stick to 2% of equity rule they would be fewer losses and definitely they would,be around to trade forex.Ignored
Disliked{quote} LOL, Mingray, thanks for the explanation but this is where it falls flat..for one, where do you get the stats from? This was a question that was asked of you a while back and to date, no one's popped up to take it head on. But that aside, with a stretch of imagination, I guess there are a lot of traders who could do "Analyse this", but even so, given the results and records of most traders shown online, from fxbook to rest, the losing percentage is but a small one. And of course, if we weed out the live account from the demo ones,...Ignored
Disliked{quote} ==> fxbook and others, the losing percentage is but a small one. That cannot be right. The winning accounts stay up until they lose -- on average...just simple observation will show the opposite ! For example, it's clear the curent move down in the euro wiped out thousands of accounts..Ignored
Disliked{quote} ==> fxbook and others, the losing percentage is but a small one. That cannot be right. The winning accounts stay up until they lose -- on average that does not take long. Once the account starts losing the trader takes it down. Therefore, you will only see winning accounts in fxbook. It's a terribly false picture.Ignored
DislikedAfter many years of trading experience I think that I can indicate the main losing factors: I always lose too much when I wasn't patient (when I breaking the rules) and when I risk to much. If you do not want to waste Your money, You must build really good trading plan for many (sometimes irrational) situations. In this plan You must specify many rules ike: trade Entry/Exit points, Risk Management. Finnaly, You must define how You can earn much more when You have a good trade and how to minimize Your loss size when You have a bad trade . It's...Ignored