Why do so many people blow their accounts on forex?

[waris]

agar ap achhi tarah se money management and risk management kar sakte hain ek achhi analysis k sath chahe woh fundamental ho aur technical toh loss karna ka risk to bohot hi kam jati hain. mere khayal se agar aap ka investment $100 ho toh apko .01 lot size k hisab se trade open karna chahiye, ek sath ekadhik trade open karna apke liye hani karak ho sakta hain apka a/c balance blow honey ki chance adhik hain, jahir sa baat hain jeyada expectation na rakkhe, dherey profit karna k soche, jeyada jaldi maat ki jiye koi bhi decision lene k waqt, kiyun ki yeh apka money ka matter hain.

[extro]

why individuals end up dropping all their money they hurry into the industry but the situation does not match to their dealing guidelines they are too slowly to get into the industry because they worry the reduction.

[fawad1]

In Forex trading, patience is the vital tool. One tends to lose their temper when watching their tradings face innumerable losses, and they end up leaving their account in the middle. Demo account is the best initial platform for a newbie to gain knowledge and experience. This way they can grasp the basics and they can then have the ability and skill to trade efficiently.

[wishman]

The straightforward reply to the issue will be this kind of the folks are generally impatient thus reduce their particular funds from the beginning of these job inside Forex trading and they will have a tendency to abandon that. The simplest way i think will be this kind of a particular person should training in the trial consideration initial prior to starting investing inside genuine consideration.

[wahyu setiyono]

in my opinion, many people experience this because running trade by relying on predictions
and assume forex buy and sell only
do not use the analysis and good management

[qureshiforex]

i think many people do gambling here and they did not have knowledge so they blow their accounts very instantly. there are very less people in this market who are experts.

[sujarwo]

Why do so many people blow their accounts on forex?
Ok, stupid question but I just started playing around with forex... I don't get how people can lose their whole account so quick.. Aren't the odds of winning or losing a trade close to 50/50 if you set your stops far enough? say I have a $10,000 account and trade 10,000 units of eur/usd every trade so thats $1 a pip and set my stops at 50pips and every trade I do the same thing. THen I flip a coin and say heads I buy and tails I sell and do this over and over.. it should still be close to 50/50 right? Now what if instead of a coin I increase the stops to 100 pips and just follow the trend using simple fundamental techniques? This should be a good way to win right? What do you think?????

Additional Details
simion-yes I know, there's of course reasons why the market moves the way it does but the coin does not know or care. So if the USD suddenly decides to turn around and I sold the EUR because that 50/50 coin toss decided tails then I make money. The chance is still 50/50 because the chance of hitting either stop is close to equal. I don't see what leveraging has to do with it this. If I use leverage to increase my buying power I don't go full leverage because that's the easiest way to kill yourself, that's obvious I think you're just increasing your chance of getting margin called especially with 50/50 probability. The only factor swaying the 50/50 is the spread. THank you for your response though I am just trying to figure out and this was just my initial view of the market.. I'm far off from learning fundamental methods of trading, it will take me years to understand it and even then I don't think that knowledge will pay off if I don't have the fortitude to make confident trades.

Why do many people invest in forex? Perhaps the answer is also very simple, because I think the Forex business is a lucrative business, and business is very promising to get a lot of benefit in it. What do you think, do you agree with my opinion about the Forex business?

[Pe001ter]

I think forex is a better job.t analysis and they take big risk as a result a little movement can destroy his account. Expert trader never frustrated and they stay in long term for a si better job���������������

[nurhidayah]

I think forex is a better job. The main reason that the expert trader in the market only 5% and 95% trader are low knowledge about forex and they start trading without analysis and they take big risk as a result a little movement can destroy his account. Expert trader never frustrated and they stay in long term for a single trade. better job………………………………………

work that we can customize to what became a separate choice for us as traders to keep trying to be better in a separate live with the understanding that we can set a more interesting about the state of our own trade that sometimes are violated every rule that was already obvious trade for us to understand correctly

[Pe001ter]

I think forex is a better job. The main reason that the expert trader in the market only 5% and 95% trader are low knowledge about forex and they start trading without analysis and they take big risk as a result a little movement can destroy his account. Expert trader never frustrated and they stay in long term for a single trade. better job���������������