Why do so many people blow their accounts on forex?

[mahdichopra]

Is simple, if we sit passively, owned by the rules, looks like more losses and let the trigger stop losses and close our calm, leading to bad consequences on our account

[kisor]

When we don't follow our own rules, when we sit idle looking at growing losses and don't let stop loss trigger and close our trades it will lead to bad conseruences like blowing our account.

[real000]

I think many people are not disciplined and has bad money management. it is advisable to risk only 2% per trade and don't overtrade. in that way you have to lose 50 consecutive before you blow your account which is almost impossible.

[JuraganGrowol]

Many people in forex blow their account because they are not trading with discipline and are not controlling their emotion and they try to earn big in a single trade and always targets for large amount of money than pips thus ends up overtrading and lossing.

with lack of disiplin in forex trading we will lost good of moment to get more profiti and will find many loss , more better we allways stay in front of market if we are not use take profit and stop loss in our trade, that is more better for use for increase some mistake

[mazprofx]

Many people in forex blow their account because they are not trading with discipline and are not controlling their emotion and they try to earn big in a single trade and always targets for large amount of money than pips thus ends up overtrading and lossing.

[gilaforex]

i feel maximum trader loss their capital in FOREX market as a result of they will begin trading before they will recognize something regarding FOREX. they will assume this is often one of the short cut secret to earn huge profit. fact is that there is no such short cut method................

[forexwork1]

Many newcomers to enter this business and they do their dream, not a sound knowledge base and here is the error
but after several times, then they have the problem, they will learn strategies and try to better understand the market, and it has always come from time to time for beginners ..

[onjon]

The easy supply a forex account for you to versions individual imagined will probably be the idea the belief that a variety of men and women might be impatient so because of this wobbly versions individual cash at first on the specialized in Currency exchange and be able to a lot of people normally usually cause the approval. The simplest way i think will probably be the idea that your particular decided on dude can be cognizant of treatment at the cardstock exchanging credit history bill first before beginning acquiring in sensible credit history bill.

[magdyahmed230]

so many people blow their accounts on forex as they are so rash and want to make money easily and don't give themselves the enough time to get the enough experience through training to make a successful trade and so they makes losses and become disappointed and blow their accounts.

[antibanned]

as a beginner I did not really understand about how their businesses are able to blow trading account. I almost do not even believe in trading profit from the master trader, but it is real. I even have friends who are able to make a 100 percent profit in one day.

yes, a master trading can make a profit more than 100% within a few hours, but many beginners who spend 100% of their capital within a few hours.
Forex market is very aggressive, without enough knowledge, we would be slaughtered by the market