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reasons why traders lose

  • #161
  • Apr 3, 2017 6:44pm Apr 3, 2017 6:44pm
personally i find risk management is peoples biggest problem and just accepting that not all trades will win.

The amount of traders i see who are actually profitable, or would be if they just accepted losses will happen.

an example of this is you have a trader who makes 20 pips when they win, and have a 70% win rate.

however, when they lose a trade, they keep moving their SL or just keep the trade open hoping it goes back in their favour.

No good having a 70% win rate if when you win you make 20 pips but when you lose , its 40+ pip loss.

that mentality issue , is in my opinion the single biggest problem stopping so many traders from being successful with Forex.
  • #162
  • Apr 4, 2017 3:25am Apr 4, 2017 3:25am
lost in running forex trading because the first one was with did not have a maximum factor of science, and to hurry and with discipline is not applied. For that forex would be better to do in learning and practicing on the run like in the demo account or demo contest in instaforex broker
  • #163
  • May 10, 2017 2:35am May 10, 2017 2:35am
Quoting gabanda
lost in running forex trading because the first one was with did not have a maximum factor of science, and to hurry and with discipline is not applied. For that forex would be better to do in learning and practicing on the run like in the demo account or demo contest in instaforex broker
Yes, mostly traders who are especially newcomers try to make money from here very rapidly without learning ,
that’s why we have to emphasis on learning process including proper trading discipline as well exact money managing plan.
  • #164
  • May 10, 2017 4:45am May 10, 2017 4:45am
Lack of Forex education is mainly responsible in this case! Actually, it’s not easy to predict the right market trend in every trading session, yes you can do it with your average trading skill for one or two session, then you may struggled a lot; so learn more and more before investing your real money here!
  • #165
  • May 10, 2017 5:46am May 10, 2017 5:46am
Quoting NeilWagner
Lack of Forex education is mainly responsible in this case! Actually, its not easy to predict the right market trend in every trading session, yes you can do it with your average trading skill for one or two session, then you may struggled a lot; so learn more and more before investing your real money here!
If education is a big deal for learning this market place, we have to ensure the trading platform which at all times make sure best trading environment for acquiring proper trading knowledge by providing exclusive educational facilities with essential terms and conations. Otherwise it would be great difficult for us to be a knowledgeable trader with certainly.
  • #166
  • May 10, 2017 1:19pm May 10, 2017 1:19pm
Quoting JamesFaulkn
{quote} If education is a big deal for learning this market place, we have to ensure the trading platform which at all times make sure best trading environment for acquiring proper trading knowledge by providing exclusive educational facilities with essential terms and conations. Otherwise it would be great difficult for us to be a knowledgeable trader with certainly.
In spite of a good educational facilities that’s not possible at all to lead a comfortable trading life with certainly , if you don’t have a reliable support form a credible trading broker , because the broker can affects the result of our trading with certainly.
  • #167
  • May 12, 2017 1:46pm May 12, 2017 1:46pm
That’s why ,for avoiding loss the traders we have to choose a right broker?
LOL.
  • #168
  • May 15, 2017 9:58am May 15, 2017 9:58am
Quoting blesssing23
Here 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...
You are correct indeed. All the wrong doing is on the trader's hand. Not anybody else or not the indicator or broker. All is on you
This is not investment/trading advise. Will not hold accountable for loss
  • #169
  • May 15, 2017 10:01am May 15, 2017 10:01am
Watch this funny music video of Muse.

That tells story a life of a trader and found a holy grail.
Maybe you can find something in common to many traders
Inserted Video
This is not investment/trading advise. Will not hold accountable for loss
  • #170
  • Jun 1, 2017 3:57pm Jun 1, 2017 3:57pm
the traders who are particularly newcomers don’t gain proper knowledge and experience and they just rely on the basic learning which get form demo and that is why the traders fail.
  • #171
  • Jun 2, 2017 7:54pm Jun 2, 2017 7:54pm
Simply put.
Succesful trading is 95% risk management and 5% strategy.
Get the risk management part wrong and its KABOOM!
  • #172
  • Jun 3, 2017 2:51am Jun 3, 2017 2:51am
Quoting jiggz
lack of knowledge can be one which leads to treating the trades as a gamble which can cause most of the failures really
Absolutely, lack of trading knowledge is the main parameter of losing regular money here! I see, almost all of low skilled Forex traders are gamblers, they try to hunt profit! On the other hand, knowledgeable Forex traders are very logical! They know, when good opportunities are available and how to recover here!
  • #173
  • Jun 4, 2017 7:41am Jun 4, 2017 7:41am
In Forex , Trading in style of gambling is much dangerous where trader not plans what he should do he does trading for sake of do or die. It is not good way of trading. it can be managed with different ways if you want , but gambling is a way to loss.
  • #174
  • Jun 11, 2017 2:55pm Jun 11, 2017 2:55pm
I have seen , most of the beginners fail because they do revenge trading , a trader cannot take revenge from the market . build your knowledge and then do good trading . it will be the best revenge you can take from this volatile trading place.
  • #175
  • Jun 17, 2017 11:03pm Jun 17, 2017 11:03pm
Quoting marshy
I wrote this for myself, I was annoyed with my latest trading efforts., which had been pretty good until I got cocky recently. How complicated is trading? - (a memo and reminder to myself) Actually, that is one easy question to answer; “it’s a piece of cake”, lets try another one! “How complicated is a trader”, now that’s a bit more difficult… Ask your mate who doesn’t trade the markets, “Which way should I go, up or down”? Last time I did this with someone they said… “That easy, can’t you see, the trends down”. Then said… “That’s not difficult...
100% agreed
  • #176
  • Jun 18, 2017 7:41am Jun 18, 2017 7:41am
All topics are the same, risk management should be more important than the system you use, it's EVERYTHING - almost everyone that fails is because of this, almost everyone.

I see this time, and time again. Getting out of a trade needs just as much studying and thought as getting into a trade.

It all comes down to one thing ACTUALLY DOING IT. Everyone knows, more or less, you really shouldn't be risking more than 3% of your account. But they still enter into a trade without knowing their full risk, don't have a stop loss or don't have an exit plan.
  • #177
  • Jun 18, 2017 3:17pm Jun 18, 2017 3:17pm
Quoting JamesFaulkn
I have seen , most of the beginners fail because they do revenge trading , a trader cannot take revenge from the market . build your knowledge and then do good trading . it will be the best revenge you can take from this volatile trading place.
I'm totally a biginner and wanted to ask about the losing factors. I've studied a bit of business and pension type stock trading when I was in the colledge long time ago. I've read some articles and learned about the losing factors of my own way such as the Forex trader site with some log in programs or some cheating issues of their own despite of their money making strategies through PIP and everyone winning to keep the trader stable. And another issue is the totally buiginner just put the whole deposit exchanged for the purchase and the wrong time selling could cause the money loss for awhile to make them losing. A dumb theory, though.

My question is, why people lose when they can chose the time to sell and just the imediate sell is possible for Forex? The China formula told me their saying of 50% (ask the Chinese for that one) would keep them always profitable. Or something like less than 10% profit making time could be the best time to sell the currency. CFDs and metals may take longer time for selling and pending and that would be uncontrollable time for the loss. As far as I know, I did it in two trading sites and their imediate sell function gave me to sell them to make over 5%-35% profits for each sells. So, I could make the demo version accounts with over 80€ profit a day from around 1000€ for purchasing currencies for each trading site. I could wait for longer time and why people lose when they can wait enough days to see the rate turns out to be profitable enough even above the trading duration?

It could be a silly question, but I would like to have a honest advice from the experienced traders.
  • #178
  • Jun 21, 2017 4:58am Jun 21, 2017 4:58am
I don’t think low trading capital is responsible for initial loss! But low trading knowledge is one of the main reason of it! A number of new Forex traders start their live trading too early, although they don’t know details about technical and news analysis, they take their decision too early! So, they lose their money!
  • #179
  • Jun 22, 2017 5:20am Jun 22, 2017 5:20am
I think there’s one reason people often overlook in these discussions – scam. While a lot of traders lose money due to their own ignorance and lack of experience, there are also a lot of unfortunate victims of dishonest companies.

With the amount of scammers out there that regulators constantly warn about, is it any surprise? These companies also look for the vulnerable, the ignorant, the inexperienced, and rip them off. I did get scammed as a newbie, when I didn’t know how to make sure that the broker I was working with was legitimate. I believed every promise they gave me and I lost money. I look back at those events now that I have more than a few years of experience and I wonder how I believed these promises. I am sure that many people here can tell a similar tale.

Don’t blindly trust the advertisements you see or even the promises broker operators give you when they call you.
  • #180
  • Jun 22, 2017 2:42pm Jun 22, 2017 2:42pm
I have visited the website that you have. Here I got top of the brokers in Fx but not find the reviews by the traders which is very supportive to make sure which is real scam.
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