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

[wahabraheem]

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.

I can even bet with you that if the money management is have ability to reduce the losses we always need to learn that if we want to safe our money then we need to trade with discipline

[muhannadcent]

yes thats true, but the problem is the traders cannot apply money managment rules for ever, may be they get some patience to be discipline for a month or two then after that they start to be greedy and feel so confident than before then --->lost.

[rhushikesh]

Trader must study where they are wrong and which mistakes they are doing so that the can learn more.

[zomosolid]

you are right i think that we have lost because of the greed and the hate of lost its true nobody like to lost but i think that when you have see that the markets will go against as we should invers the deal even with some of lost

[goldeneyes]

you are right i think that we have lost because of the greed and the hate of lost its true nobody like to lost but i think that when you have see that the markets will go against as we should invers the deal even with some of lost

I think all trader want to make a big profit and smallest loss. Trader who said know about market movement until price and time for sure they already super rich. In fact I still believe there is still no trader can know price so exactly. Maybe they work based on zone of price range.

[Sifatul Islam]

Lots of trader lose their money in Forex because maximum trader trade alone. so maximum time trader can not be sure is he/she rite or wrong. if traders trade group wise then i think loss possibility minimum. a trader know everything. money management, analysis etc etc. but trader always can not give rite trade. 2/3 trade make wrong.simply. when a trader can not give rite trade i think then he/she no need to give any trade. he/she need some break.

[beken]

Guys, I just want to bring this discussion because I think we can learn from this topic, As the title says: traders know it, but why still a loser?

Traders already know that you must have good strategy,implement money management, be discipline and emotionless in trading....etc etc.. in fact the words discipline and money management is I think the most repeated words in every trading book or discussions. But why is it that still 95% of traders loses money in Forex?

In my own opinion one of the reasons is that, most traders can not impose self-discipline in his trading, since you are trading alone and no one is looking at you,you can easily violate your rules...so I think traders should assess first his personality as a person, before thinking of other things....While their are more institutional traders succeed in trading because somebody is watching their back....if they start to violate their trading rule...the supervisor will call your attention...or a particular application software will simply wont allow you to override a particular strategy......

What is your opinion guys?

Forex trading has a high chance to earn a profit much so that traders get rich quick and have a chance to loss a lot of the poor so that traders instantaneously. so often treats forex traders like that makes people addicted to gambling and become undisciplined

[tomkris]

Forex trading has a high chance to earn a profit much so that traders get rich quick and have a chance to loss a lot of the poor so that traders instantaneously. so often treats forex traders like that makes people addicted to gambling and become undisciplined

I think because traders do not want to hear their hearts, so that they more often make mistakes that they actually realize that it was a mistake ...
in forex never greedy or indiscipline to reduce the risk of losing ......

[shafayet]

We just have to make sure that we will be successful with it.When markets are in a jiff they tend to move fast and a strategy devised before can't work during that time.Market is always change, for example we already set a good money management for particular pair.

[sonia]

In fact there are many things, a lack of learning and to take quick decisions to enter the time and appropriate for the greed and lack of focus of all this failure and the loss of lead

i am 100% agree with your comment. but, beside your comment i find some trader make a mistake of not give a stop loss in a open trade. it is also dangerous.happy trading