Download MetaTrader 5
To add comments, please log in or register
Publish your article and win recognition from thousands of traders!
Shahida Afshan
648
Shahida Afshan 2016.07.09 19:59 

Hello

I want to know the key points or facts why mostly people loose in Forex  trading

Pankaj D Costa
2715
Pankaj D Costa 2016.07.09 20:07  

As per my knowledge and practical experience, I saw lot of my friends lost their entire amount because of not following proper money management. 

They started trading with 0.01 to 0.05 lot against 1000 capital. When they earn continue, they can't control their greediness and start trading with big lot volume i.e. .25 / .50 with over confident.

Another problem, they never use stop loss. This way they lost their capital. 

Michalis Phylactou
9422
Michalis Phylactou 2016.07.09 20:08  
Shahida Afshan:

Hello

I want to know the key points or facts why mostly people loose in Forex  trading

Where to begin

- Overleveraging

- Lack of descent and consistent strategy

-Not using proper risk -reward ratios per trade

- Lack of money management

Plus the fact spread is involved means the odds are against you.

Cuong Truong
3421
Cuong Truong 2016.07.09 20:48  

Number one reason is: 

They trade with big lot size. 

Micaela Suter
399
Micaela Suter 2016.07.09 20:57  
Where'd you get this 90%?
Michalis Phylactou
9422
Michalis Phylactou 2016.07.09 21:12  
Micaela Suter:
Where'd you get this 90%?
90-99% is the number that flows around in the internet
Micaela Suter
399
Micaela Suter 2016.07.09 21:37  
I mean it's scary is it true?
Hhan
200
Hhan 2016.07.09 22:46  

It's not scary, they are the cows after all. They simply don't know what they do, to naive.

A good trader will adapt, learn from the mistakes, of course everyone loses money at the beginning of his trading career. This is what I call "learn money".

A good trader plays the game.

A good trader focuses on the game and will change his/her lifestyle for the game. 

They are often simply misleaded by wrong motto pattern aka wrong mindsets, lack of knowledged, lack of interest for trading, etc. - I see just to 'want money' as goal an huge reason for failure.

at the end you need ' the brain' ' the execution' and 'the heart' to be successful, theres no wrong or right in trading, you are the trader, you make the deals.

Francis Dogbe
9422
Francis Dogbe 2016.07.10 16:31  
My guess is 90% of them play around too many indicators and forget the effect of LOT SIZING
/
To add comments, please log in or register