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    Thread: What is the main reason for loss in forex trading? (part 2)

    1. #201
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      Default Re: What is the main reason for loss in forex trading? (part 2)

      from my experience greed is the main factor which make us loser because in greed we people do not behave well and we mostly lose instead of earning when we try to earn more and more, our every order can be into profit if we avoid it and trade with proper wait, before placing a order if we wait market tell us to buy or sell because its true when we wait we can clearly see market


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      One of the mistakes that novice traders tend to commit is trading in the opposite direction of the market. Experts are not advised to follow this behavior unless they have an exceptional ability to monitor price reversals and rebounds that may appear at any time. If you plan to increase your trading earnings, it is strongly recommended that you do not reverse trading unless past experience has shown your ability to distinguish these rebounds and correctly set the times for resuming the trend. Another aspect to pay attention to is losing control of your feelings in case of loss and opening new deals just to avenge the previous deal


    3. #203
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      Default Re: What is the main reason for loss in forex trading? (part 2)

      Quote Originally Posted by faisi23 View Post
      Original thread: What is the main reason for loss in forex trading?
      What is the main reason for loss in forex trading? (2)



      The main reason for loss is the lack of knowledge and concentration. These both things leads to the failure as these things are very necessary in this field. Lack of concentration enable us to do wrong decisions and lack of knowledge enable us to move on a wrong path by which we face loss.
      The main and utmost reason of a trader failure is patience if we are not patient enough we gonna loose there is no doubt in it after that lack of knowledge and other things come to play but the main reason is still lack of patience.


    4. #204
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      Default Re: What is the main reason for loss in forex trading? (part 2)

      Therr are many reason for loss in Forex trading but the main reason is not gain necessary market knowledge and not use money management. In my think that is main reason for loss in forex trading business. Forex business is most risky business so must be gain how known about forex before join its.
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    5. #205
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      Default Re: What is the main reason for loss in forex trading? (part 2)

      A commonly known fact is that most of the Forex traders fail. In fact, it is estimated that more than 70 percent of newbie Forex trader loses money and end up quitting. The main problem is newbie don't understand key indicators, key numbers, Ideal time to trade and they totally don't know how the market works. I think over trading is one of the most common reason why Forex trader fail. Trading addiction is another big reason of lose, Forex trading can bring a lot of excitement with short-term trading intervals and volatile currency pairs.


    6. #206
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      Default Re: What is the main reason for loss in forex trading? (part 2)

      In forex more then 95 % people lose there money , and main reason is behind losing of money is less knowledge and many people take this business very easy and they loss there money,
      if you want to survive in this business then you need good learning of knowledge and then your skills depend on your success other wise you will lose your money, and you have to patience in this business,


    7. #207
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      Default Re: What is the main reason for loss in forex trading? (part 2)

      I think that there are two types of people who suffer losses in forex trading. Firstly, there are traders who are not aware of forex rules and do not have any knowledge about forex trading , So, they will always trade blindly and do not follow forex market. so as result of that, they will always make too many mistakes and suffer losses due it. Secondly, there are traders who have some knowledge of forex trading, but they will always trade with greed and emotions, as a result of that, they will suffer losses in forex market and always make more mistakes due to greed and emotions.


    8. #208
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      Default Re: What is the main reason for loss in forex trading? (part 2)

      There are many reason why traders loose in the Forex trading market, and its very essential that we all have these in our mind as a trader. and the most reason is always has to do with our own mistake.

      the first reason to loss is greed: this seems to be a big problem with many trader in the market, and the only solution is making sure we trade with less lot size
      the second reason is lack of trading knowledge: many loose in the market because they lack good trading experience


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    10. #209
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      Default Re: What is the main reason for loss in forex trading? (part 2)

      them, but most important, use them to motivate you Henry David Thoreau Things work out best for those who make the best 1 reason people fail in life is because they listen to their friends, family, and neighbors. When you realize there is nothing lacking, the world belongs to you.


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