Trader's know it, but why still a loser?

[MrEuro]

hi all
i think in my opinion the traders lose even they know every thing about forex strategy , forex analysis , money managements, but when they start to trade and open any orders they simply forget all what they learn about this market !! and start trade like the newbies !!they for get there advises to the beginner traders !!

[goldeneyes]

I think trader dont know if their position going to be profit or loss since all work based on probability. They can claim 90% profitable or even 98% profitable maybe its combine with the correct money management. so I think we can changes the statement trader dont know its going to be loss or profit .

[standgunz]

stubbornness that is in them that do not want to use the money managment cause they feel is tired of losing. And this will always be repeated again until the cause is lost large traders.

[sfc79]

I don't know about others but sometimes when I am facing live markets...it seems that there is a complete world out there and I can easily forget my trading rules and do something else that is not on my agenda. Have anyone experience that beside me?

lol, it's just like every trader agenda. planning greatly on paper and mind but doing differently just like we're having another foresight saying we will win if we follow our new rules.

[wahabraheem]

lol, it's just like every trader agenda. planning greatly on paper and mind but doing differently just like we're having another foresight saying we will win if we follow our new rules.

until we not make a back test about our new method we can not make the progress and improvment what every the technique you build we should concern first with demo and by applying that method there and then see the results after that take further action, modification all the time needed

[twinkling star]

yeah trader know it, but he still a looser. as he does not control his emotions. and usually he became overconfident and set his position as he knows tht there is no certainity in market. market could change its position any time. and some times he shows greedy to earn profit then he become looser.

[shozib29fb]

i don't know why its happened all traders luck because we know all things but at lastly some one can lost his capital not every one because some cleaver trader who can not take a risk they just take a profit a short time can not wait a long time.

[MT5 venki]

To avoid destructive effects of news , you have to set SL at proper level. Don't let your trades open sided before the release of news. It is better to stay safe than saying sorry.

That's good to use stop loss. This also the reason for loses of beginners. Usually, beginners should have some lacking in making analysis. So, its advisable to use cut loses. We may recover the loses with remaining funds. This will possible, if we use small lot size.

[agitiga]

Traders still lose their money in forex even with the knowledge of the dos and the 'don'ts' because it is easier said than done, I think the first fault is from money management. Most traders including myself expose accounts to serious risk by choosing to trade beyond the life of the account so that any eventual volatility or lost trend sweeeps the account away. The first rule is to reduce income expectations on the account

[habit]

stubbornness that is in them that do not want to use the money managment cause they feel is tired of losing. And this will always be repeated again until the cause is lost large traders.

that is happen to me. after i loss all my money than i start to apply the right thing that we need to do in trading. applying money management can make us avoid loses.