Why do so many people blow their accounts on forex?

[letti]

Forex is a good job. The simple answer to your question is that people tend to be impatient and therefore lose their money early in their career on Forex and then they tend to leave it. The best way in my opinion is that someone must always practice on a demo account before starting trading on a real account. Good luck. The simple answer to your question is that people tend to be impatient and lose their money early in their careers, and then tend to leave Forex. I think the best way is that the person must always use a demo account before you start trading real money accounts.

[bronz]

The answer to the question is that people tend to be impatient, and therefore lose money on Forex, at the beginning of their careers, and then tend to go, in my opinion, the best way, that someone must always practice a demo account before a real trading account. The main reason why specialist dealers are on the market, only 6% and 96% of traders are low and start trading on the Forex market without the knowledge of analysis and the high risk that lack of movement can damage your account. Expert traders will not be disappointed and will continue in a long-term agreement.

[ntn]

forex mien jo majority hai loss kerny wali in mien sab sy aham reason yeh hai k yeh us waqt greed ka shekar hoty hien jis waqt in ko earning ho rahi hoti hai es lye es mien aa ker insan ko greed ni kerni chahye or es mien dil laga ker experience or knowledge hasil kerna chahye

[cintakuya]

that's right, many people don't take it seriously and they think it's easy to duplicate their accounts many times in a short time, trading with many strategies at the same time is exactly what beginners do and involving them in many problems that can kill their accounts in short time. as a beginner I think a trader must be able to blow up your account in a short time, but after I think again, the job is very dangerous. therefore a safer way to trade with more guarantees about the future of a trader.

[badrita]

I think the reason for their emotional trading is in the forex market. So many people blow up their accounts on greedy forex and are afraid to trade right. They also do not have the right market knowledge and good trading strategies to maintain their money during trading on the forex market that is risky and fluctuating. Not having a trading system tends to have a trading system meaning you have clear guidelines and objectives and ways to achieve goals in the field of trade. Having a trading system increases the chances of success, because you have guidelines to enter, exit the market or stand aside. In other words, you are definitely on track to achieve your goals. it might blow up the account

[nalawang]

Forex is a good job. The main reason that market experts are only 5% and 95% traders have low knowledge about forex and they start trading without analysis and they take big risks as a result a small movement can destroy their account. Expert traders never get frustrated and they remain in the long run for one trade. So many forex traders blow their accounts in this business because of the fact that they are greedy and they lack knowledge. Greedy forex traders really want more money and take more risk in it.

[barak]

In Forex trading, patience is a vital tool. People tend to lose their patience when watching their trade facing countless losses, and they finally leave their account in the middle. Demo accounts are the best starting platform for a beginner to gain knowledge and experience. In this way they can understand the basics and they can then have the ability and skills to trade efficiently. Many beginners come to this company and they only carry their desires, not very good information and here are the main mistakes but after a period of time and then they get into trouble, they will understand to know the techniques and try to make it better in handling them , and always happens time for opportunity for beginners.

[dha Q]

In Forex trading, patience is a vital tool. People tend to lose their patience when watching their trade facing countless losses, and they finally leave their account in the middle. Demo accounts are the best starting platform for a beginner to gain knowledge and experience. In this way they can understand the basics and they can then have the ability and skills to trade efficiently.
many beginners come to this company and they only carry their desires, not very good information and here are the main mistakes but after a few periods and then they get into trouble, they will understand to know the techniques and try to make it better in handling them , and always happens time for opportunity for beginners

[damage]

This is not a silly question, that's a good question, if we know why so many people are under their consideration, so we can understand from their mistakes, and that is the principle of achievement in the foreign exchange industry, well I think the big mistake we make is about self-discipline, almost of the investors are not regulated about their controls and techniques, if we are strict about them, we can avoid long enough in the foreign exchange industry.
The best way to trade Forex I think we need to work in a demo account and control our own emotions. I hope we cannot trade Forex because these are the basic things we must pay attention to.

[munich]

Currency trading accounts are mainly destroyed as a result of foreign exchange traders who make mistakes in their trades or become greedy in their trade. To overcome this problem, a trader must have good forex knowledge.
The simple answer to the question, is that people tend to be impatient and therefore lose money on Forex, at the beginning of their career and then tend to leave. The best way, I think, is that you must always practice your demo account as soon as possible before the start of a trading account.