Why do so many people blow their accounts on forex? [Archive] - Page 2 - Forex Forum India

penolipa

2012-10-13, 06:27 PM

well there are lot of reason behind the topics first time I new about forex was 4 years ago from the internet , I pressed the advertisement and start reading about it. At first I did not believe what I read , I did not understand why the broker want to give me this huge leverage to trade with it. I spoke with friends and family and they all dissuade me . Now I am in fore[ for two months and I am doing good progress

rickyibr

2012-10-13, 06:32 PM

this is also its uniqueness as it gives a platform for beginers to start off and people talk about trading and all other usefull stuff which is very helpfull for new people

dareking

2012-10-20, 05:44 PM

Waise to bhai apna account koi bhi trader blow nahi karna chahta hai, lekin blow karne ke piche ye karan hota hai ki trader jayda se jayda paisa ek hi din mein kama lena chahta hai, to isliye wo high lot trading karke risk le leta hai, jiske karan blow ho jata hai.

BaHaaFxTr

2012-10-20, 07:11 PM

i think blown account is a stage of every trader and newbie but the important thing is that trying to not make it so long and try to save your account by using good money management tools and don't to try to be greedy at the first just be calm.

fxmoney

2012-10-21, 08:38 AM

The main reason due to which most of the traders blow their account is that they do not use the stop loss for their trade and after that they use high risk for their trade so both the things they must have to avoid as it is the most volatile market if you do not reduce the risk then it will always blow your account.

atjashim

2012-10-21, 10:50 AM

There are a lot of investors get reduction and their consideration was strike because they don't have information about foreign exchange industry, they are too selfish, they think that they can create benefit in currency trading simple, but it is very challenging to create benefit in this industry.

mdjoy5

2012-10-21, 11:15 AM

many trader who loss profit and blow there account this is due to have a trading idea that you would like to present, please send me an main reason why online forex trading is so difficult and why so many things in the world where people think this way

arshad2280

2012-10-21, 11:26 AM

My point of view that forex trading is money making machine and earn huge money in short time but many people become very greedy of earning money this make him overconfident and many people blow their account.

Java

2012-10-21, 11:48 AM

because they think if they plunge into the world of forex, they will get a lot in a short time and quickly,
oeh because they would risk their capital to be able to get results quickly without taking the risk first,

shakil7142

2012-10-21, 11:49 AM

So many people their account blow in forex is their very shortly.Because,they want so many money is very short time in their career.

matin6767

2012-10-21, 11:51 AM

An uncomplicated respond to your own personal topic is without question these that this residents are impatient and even for that reason drop most of the bucks starting out having to do with his or her business beneath Foreign afterwards which they are apt to abandon that. The way in person is normally now this which experts claim an driver has to apply on one trial thought first basic long before getting started on selling accurate membership.

be3l

2012-10-21, 12:15 PM

I think that many newbies come to this business and they only bring their dream, not good knowledge and here is the basic of mistake but after several times and then they got the problem , they will learn to know the strategies and try to make better in their trading, and it always happen time by time to newbies.!

reazforex

2012-10-21, 01:07 PM

Sometimes we blow down our account because of some reasons like : we do not know what to do at the time of losses, doing improper money and risk management in the trades, not doing good analysis for the trading and many reasons. I have taken it as a normal way because loss can teach us many things.

naziakhan

2012-10-21, 02:07 PM

There are a lot of cause for many people blow their account.for some big mistake people blow their accounts.People lost all of their money.They lost everything.If they do a mistake on their working then they will get loss.depending on that there are many things which are needed to kept and that is to keep good understanding.

yes you are right mostly people lose money due to mistakes and i think if they want win in forex market then they should try to eliminate mistakes from their trading and it is best way to earn money.:)

annura

2012-10-21, 02:22 PM

many newbies come back to the current business and that they solely bring their dream, not smart data and here is that the basic of mistake
but when many times so they got the matter , they're going to learn to grasp the methods and take a look at to form higher in their commerce, and it continuously happen time by time to newbies..

ronyrhm

2012-10-21, 02:25 PM

Alarmingly enough, the real figure is actually 92%. Why? The answers are simple as well as the solutions. And this is something we would like to share with you...
What the 92% do:
The layman is drawn to the markets like a moth to a light bulb and, under the misconception that trading is somehow 'easy money', they are almost immediately doomed to failure. They do not have a plan, so, by the same token, they plan to fail. They do not know the basic rules in order to trade well.
After an initial 'flash in the pan' success, on a 'punt', they will soon lose any gains and a feeling of greed and invincibility will prevail and a tendency to over trade will take over. After having more losses than wins, anger and revenge trades will soon follow and, with an insatiable desire to recoup their inevitable string of losses, they will risk larger amounts.

malic

2012-10-21, 02:50 PM

The simple answer to your question is this that the people tend to be impatient and hence loose their money at the start of their career in Forex and then they tend to leave it. The best way in my opinion is this that a person must always practice in a demo account first before starting trading in real account.

yes bhi ap ny theak he kaha hy mjy b is abry main ye lagta hy k forex man bohat sy log han jo kam kar rahy han lakin ye log is waja sy han k forex main bohat achi income ban jate hy is leya forex main kafi accounts bany han

imrulhira

2012-10-21, 02:51 PM

Easy when we dont follow our own rules, when we sit idle looking at growing losses and dont let stop loss trigger and close our trades it will lead to bad consequences like blowing our account.
You, as a forex trader can choose a currency pair that you expect to change in value and place a trader order through your forex broker. Online forex brokers will pass your order to the interbank market to block your position.

mum

2012-10-21, 03:01 PM

Your question to respond is not to stand so your Forex career and after it initially lost their money, they can do it not to leave. The first demo account which has always been in my opinion the best way to practice before real trading account.

mariaarsalan

2012-10-21, 03:06 PM

i think kuch tradrs ka account jo blow hota hai wo unki hi waja say hota hai wo trade seekhty nhi sahi trhan or trade krny lagty hain jiski waja say wo zada earn nhi kr paty hain

kutuk

2012-10-21, 03:19 PM

how much capital we have no effect on our trading results because if we do not use good money management in trading how much money we must sooner or later be exhausted, they were minded to quickly gain the advantage so risking all our funds for trading, use is MM good in every trade then we will be safe from harm

monir01

2012-10-21, 03:20 PM

Forex trading is a quick money
making business.The simple answer to
your question is this that the people
tend to be impatient and hence loose
their money at the start of their career
in Forex and then they tend to leave it. The best way in my opinion is this that
a person must always practice in a
demo account first before starting
trading in real account.Good luck with
your trading......................

raforex

2012-10-21, 03:22 PM

ejuna80

2012-10-21, 03:29 PM

turborx15

2012-10-21, 03:31 PM

Because is very easy matter that some people think within one day forex make them millionaire. Then they come forex without having knowledge. Then take wrong trade and blow their account only for greed.

fxjulia

2012-10-21, 03:49 PM

Every trader has what makes him or her to lose heavily but it all boils down to not having a complete trading plan which is necessary to succeed in forex. Forex is a business and should be treated as one with goals and objectives clearly defined

true friend, forex is a business that should be calculated carefully the pros and cons. how the amount of capital that will be invested and how that should be achieved. Good planning for trading strategies and how long the trading will be done. thus the account you have will develop correctly....

fiztrd

2012-10-21, 04:06 PM

the main reson for this is that .. greed .. most of the people that comes to trades sees the ads .. that ...some 1 has made a huge profit .. and they too think that they can also make ..it from . .hre
but they dont know the fact that it is long and tedious task to make that much .. amount of money from forex ..market ofcourse its possible but needs lots of hardwork ...

issam4x

2012-10-21, 04:09 PM

forex trading has a direct relation and connection with our mind, thoughts and emotions. If you want to make money through forex trading, you have to master your mind and this is the difference between loser traders and successful traders

tokobenny

2012-10-21, 04:12 PM

why our account enlarge? because our margin is utilized up
therefore, we have to look closely at our money management, dont use many lot when our capital is less. be wise in use your margin

mical

2012-10-21, 04:47 PM

people below their trading account in the forex market because many new trader think that forex is very easy way for earning money through internet .some time they know that sound knowledge is a very important for successful forex trading ,after some thing learning many new trader open a real account and open real order ,and some times they get some pips ,and they think he is prepare for forex trading ,so they do not want to learn forex welly .

shipon2

2012-10-21, 04:56 PM

The people tend to be impatient and hence loose their money at the start of their career in Forex and then they tend to leave it. THank you for your response though I am just trying to figure out and this was just my initial view of the market. so in next time . we take care of that so may be we are not blown our account that type again. so many ppl thought they can easily win in this market but the truth it not that easy..

sweetrevenge88

2012-10-21, 05:11 PM

Many traders blow their account to zero balance because if improper management of trading capital. That is why we need good capital management to be able to make our trading account last another day. I am also guilty of this mistake. The inability to protect my capital while trading is also one of my weakness as a trader.

Chow.ash

2012-10-21, 05:14 PM

i don't know about this.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.

shepon93

2012-10-21, 06:27 PM

so many traders are blow their account including me myself many time i blown my account. but its not means that i am a bad trader. its our fault .. and after blow the account we know the motivation why we blown. so in next time . we take care of that so maybe we are not blown our account that type again. ;but here every hour market is change its way .. u cant imagine or psychoanalysis everytime completely. so when ever we wrong we face the loss. but if we use the stop loss with money management and risk organization then its low possible to blow our account.

ranjan12

2012-10-21, 06:29 PM

There are many factors due to which people experience failures in currency dealing and they can be deficiency of tolerance and self-discipline , deficiency of successful dealing technique or not exercising in trial account , Lack of ability to control their feelings and many other factors can lead to failures for them .

makrazeeb

2012-10-21, 06:31 PM

Dear loss is a unbreakable part of any business. Forex is the most risky business for newborn traders. Because they are not so experienced and educated in Forex. They do not know about money management, risk management, market analysis etc. So that they blow out their account. But It is the most profitable business for experts. So to be expert we have to loss in this market more and more. Nobody want to loss. But without proper experiences it is not possible to avoid losses. So by losing each time we can get so much experiences and we become so skilled to avoid losses. In this way who can exist in this market he can earn a lot of money within a few moments in Forex. So dear to get the most profitable business in your life grip this business so hard. Never quit, because quitter never win. Good luck.

embrio

2012-10-21, 06:36 PM

I think a lot of people who blow their accounts because of their greed and because they do not have knowledge about forex but they force themselves to do the trade on a real account.

aptx4869

2012-10-21, 06:37 PM

We are hear the issues if only 5% trader is being succss to make forex as their career. We are know about that thing. So, to make forex as our main jobs that was very difficult. Right mindset is needed. Many trader think forex is similar with gambling, Because of that, they are usually open position based their intuition. If they are profit, it was only luck. But, then they will loss their money. Many trader think this is machine to making money, So, they are trade without analysis.

diljaladj

2012-10-21, 06:41 PM

Obviously due to not having any knowledge or experience or mostly lack of funds but wanting to earn bigger is also a major reason behind most newbies blowing their accounts but its necessary to keep going on and never give up.

mkape

2012-10-21, 06:46 PM

In forex we lose so much because there are so many lessons to learn from,to me more and more mistakes are yet to come by so we cant avoid loses,what we need to emphasize on is discipline and have a heart to learn and move on in our thirst for experience

---------- Post added at 01:16 PM ---------- Previous post was at 01:14 PM ----------

In forex we lose so much because there are so many lessons to learn from,to me more and more mistakes are yet to come by so we cant avoid loses,what we need to emphasize on is discipline and have a heart to learn and move on in our struggle to quench our thirst for experience

mdjoy50

2012-10-21, 06:49 PM

goods people are destined to blow their trading accounts. Their loss profit and blow there account many successful traders may testify forex trading is so difficult and why so many if anyone is making money on Forex

Drifter

2012-10-21, 06:55 PM

So many people blow their accounts on forex because they are suffering from a lack of experience or maybe they did not learn enough about forex.So I advise you to be well-educated and do not hesitate to ask for help from professional traders and do not miss to use a demo account.

rok

2012-10-21, 07:00 PM

sudarno

2012-10-21, 07:04 PM

Easy when we dont follow our own rules, when we sit idle looking at growing losses and dont let stop loss trigger and close our trades it will lead to bad consequences like blowing our account.

Yes. better we follow our concept of what we agreed earlier, and if the decrease move once we agree on what the tricks so we have agreed to so do until we break it's actually a real winner

shobra

2012-10-21, 07:05 PM

Bombing people in Forex accounts because they do not have a plan
And if they have a plan, they of course did not abide by and for traders who are committed Ptnqiv plans in trading profits they reap

Jones

2012-10-21, 07:20 PM

Well traders blown their account is because of in experience and pride. Many blown their account for many reasons, for greedy and emotion.

dais

2012-10-21, 07:20 PM

we can set many some rules for trading but we always do against it every time we follow the marketplace because we don't human a cards , so umpteen people content they can easily win in this activity but the abolitionist it not that gentle.

casiotab

2012-10-21, 07:53 PM

Myself many time i offered my consideration. but its not indicates that i am a bad investor.We can set some many guidelines for dealing but we always do against it whenever we get into the industry because we do not need a patience.

balok

2012-10-22, 01:09 AM

Both the simple answer to your own question is which that the persons are impatient and therefore loose their cash at the start on their own career beneath Foreign and then they will tend to leave this. The best way in person is actually this which a person has to practice beneath one demo report at first before beginning trading in real report.

malik

2012-10-22, 01:11 AM

Bohot saree reason hain traders kay loose karny ki forex market main lakin sab say baree reason hay kay nay logoon ko jankaree thaak naheen hoti aur wo ghlat idea lgaty hain market kay barry main aur ghalat treeqay say trade karty hain.

rasel4158

2012-10-22, 01:12 AM

The simple answer to your question is that people tend to be impatient and then lose their money to begin your career in Forex and tend to leave. The best way, in my opinion, is that a person should always practice on a demo account first before you start shopping in the real account.

merabjis

2012-10-22, 01:13 AM

many newbies come to this business and they only bring their dream, not good knowledge and here is the basic of mistake
but after several times and then they got the problem , they will learn to know the strategies and try to make better in their trading, and it always happen time by time to newbies..

When you talk about the managed March Forex, if the individual you are pondering of operating with to manage your account begins speaking about making trades that you are not comfy building, you could want to consider about no matter if or not you must open an account with that person.

The Blessed

2012-10-22, 01:18 AM

The reason why many blow off their investment in forex is different. Some blow their invest due to inadequqte training. Some it was due to greed. Some it was due to impatience. Some it was due to wrong analysis. SOme it was due to lack of money management.

aymena

2012-10-22, 01:50 AM

that why i said demo accounts is very important part of learning in forex +++ some traders doesnt even know the basics of forex and they trade with real money than they say forex is waste of time an money

mr kashif

2012-10-22, 03:00 AM

forex main account blow hona ye koi new nahi hai q k mery sath bhe ye 3 time ho chuka hia par main ye work nahi choronga q k hamen jitna profit forex main hota hai utna profit hamen kahen par bhe nahi hota hia to hamen koshish karni chaiye k hum forex main acha proift karen!

new-FX

2012-10-22, 03:48 AM

There many mistakes located where novices in the field of forex including greed - and not capital management - and to engage in transactions Random - and emotions that dominate the merchant during the deal - and not doing the analysis of good and Pacific chart before starting the implementation of the deal - trying to take revenge on the market

All of these things is where all beginners when they enter forex you can imagine what the extent of the risks that surround your money in the fierce market such as Forex and high degree of liquidity can not win easily ... You must be a professional or owner runs very strong and tough to get into profit

eng2012

2012-10-22, 03:51 AM

I think a lot of people rushing to work and always forget that they need to learn who bring them good profit easily and must possess a successful business strategy entitled to profit

wethaq

2012-10-22, 04:36 AM

Almost all new traders will surely fail and MC's for sure.Based on experience as well, traders initially failed because too sure they can get money quickly.Though not like it, will quickly run out of money in forex trading if the wrong road.Only a small part that can survive in the forex

annura

2012-10-22, 11:04 AM

sometimes it's as a result of they need larger targets and can extremely not enough or cannot handle for the mercantilism capital we've presently. Although, it conjointly suggests that of risking it bushed order to earn huge thus can|it'll} be simply 2 events if they'll have that either to win with affordable profit or will blown their account.

onil

2012-10-22, 11:10 AM

Most people engage in trading with little to no education, thinking they can make ... In fact, 95% of forex traders lose their money or blow their account within the first ... If you have a trading idea that you would like to present, please send me an ... All levels of traders are welcome, and as many successful traders may testify, ...I did do 53 individual trades so it's not like I took one �double or nothing� trade, .... 95% of people who try online forex trading lose their money or blow their account in ... The main reason why online forex trading is so difficult and why so many ...

sweetrevenge88

2012-10-22, 01:38 PM

No matter how good you are as a trader there is always a time that you let your guard down and that is the time when you trade recklessly causing you to use high lot size in your trading and it will be too late to realized that you already send your account to margin call. Call it greed and careless trading.

bdihman

2012-10-22, 01:42 PM

I can assure that people make profit from this business of which I am one of them.It requires willingness to learn for several months if not years.blowing accounts is not strange to any successful trader because it is invariably an inevitable process.

mohammed khalil1

2012-10-22, 01:46 PM

Mesh Vihamalsoual if you mean why many people Sptkhosr in this is due to the lack of scientific background to do this crisis Uncle and thus verify loss

roro mendut

2012-10-22, 02:08 PM

success can be achieved with a lot of learning and practice. so you will get a profitable strategy. Income ratio, which is certainly enough rolling different from a man to another, because each of us has special obligations, which make it achieves profits to varying degrees and therefore see some true to the Forex traders depend on capital and a large reason for this is that they want to achieve big profits

traderpk

2012-10-22, 02:16 PM

There are many reasons that why people blown their account first reason is they are full of greed secondly they don't use Stop loss in their trade that's the main reason that they blow up their account and sometimes they take much risk in their trade .....that's how they blow up their account .....

qasab

2012-10-22, 09:49 PM

Most of them are the new people who have small size account and they think that if they blow their account then nothing will happened to them, as their original account is much higher then the amount the invest in this business.

andi1681

2012-10-22, 09:52 PM

Yes many peole are blow their account on in this treading sytem they do this because it is one of the good strategy of making a lots of money from this treading sytem.

posycns

2012-10-22, 09:52 PM

many newbies come to this business and they only bring their dream, not good knowledge and here is the basic of mistake
but after several times and then they got the problem , they will learn to know the strategies and try to make better in their trading, and it always happen time by time to newbies..

Forex trading investing takes place very instantly and at almost any time of the day or night. The market is open 24 hours a day and 7 days a week. You can trade virtually anytime and from anywhere you want. With online forex trading platforms, making investment in forex has become all the more quick and convenient

yahoo21

2012-10-22, 11:09 PM

i personally ahve blown up my account so many times that i can not even remember it because i have stopped counting on thirty ,,, and i hate my self for this and am regretting so much things and am also regretting why did i blow up my account that fast , and my account was blown up that quickly because i have use a welly big lot size 2 lot on 35$ as capital..ooooooooooooooh why did i do that,,,?????????????????

tom11

2012-10-23, 02:59 PM

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.thanks..............

BaHaaFxTr

2012-10-24, 01:47 AM

I think that would be for many reasons like don't know the basic tools of good money management and don't care about it but blown accounts in forex is usual thing in the first road of learning the trading and it's healthy behave to discover your mistakes and try to not do it again with bigger account balance.

fakermane

2012-10-24, 02:15 AM

It Obvious, because only 5% of Traders that can really make Consistent Profit in Forex Trading, most Traders are fail because they can not Control their Emotion while Trading and other because they Still Lack of Experiences but do High Risk Trade. If you really want to be Profitable Trader, then you should Learn Properly..

Anis

2012-10-24, 02:48 AM

maybe it's just a media campaign only to members of the other so that he would quickly be known though many traders and also he will feel proud of the results he had perolh the trading account,
so we should be able to understand it...

alfi

2012-10-24, 02:49 AM

traders who had long fast can not necessarily generate profits consistently if you can not control her emotions because this is a very important factor

polgara

2012-10-24, 02:53 AM

Money Management in Forex: the Real Deal in Trading
In comparison to the amount of time, money and energy spent by some traders on Forex robots, error-proof technical strategies, and quasi-magical foreign exchange trading courses where we are promised to be made super-traders,

oreoluwa

2012-10-24, 03:27 AM

i think the main reason why so many people blow their accounts on forex is because they never take there time to study the best time and the kind of pair to trade with because the more you do not analysis the market properly you might end up losing your account in the market so i think money management goes a long way

The Blessed

2012-10-24, 03:42 AM

Will I be right if I say that blowing of accounts is very common in forex trading. Many lost their investment because they rushed into the market to make big money. Greedines is what have killed many. And we have some who are using poor strategy or an uneffective indicator or robot.

tom11

2012-10-25, 05:45 AM

sagor2012

2012-10-25, 05:50 AM

we can set some a significant number of guidelines for changing but we consistently do in opposition to it everytime we drop in the business resulting from the fact that we dont have a quietness , such a variety of ppl thought they can effectively win in this business but the real truth it not that straightforward

Ryad

2012-10-25, 11:44 AM

This is because when you are a beginner, and you make 1 loss, you would want to recover this loss by trading for bigger volumes.. What happens is that with higher volumes, your risk are too much.. When the trade is in negative peps, you fear the market and close with the negative pips because your psychology tells you that your account will be blown.. Another example is that when you make 1 win, you feel that your confidence is higher than the market.. You will place more volumes and this will wipe your first profit and some of your money.. While being selfish, you will place higher volumes to recover the loss of your money and the profit the market gave you.. In doing so, you will blow your account automatically with your psychology telling you that you misread the analysis of the market, close out.. That is how the beginners fail, I lived it and today I am proud to be successful..

executor

2012-10-26, 01:04 AM

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.

Because of the strong probability factor, we need a strategy that precise, we need to find a strategy in line with the market situation. Only an intelligent strategy, which makes our accounts survive, and remain safe.

manav14386

2012-10-29, 05:16 PM

mujhe lagta hai many traders jaldi se jaldi less time mein paisa kamane ki wajah se apna account blow karlete hai..hume pehle kaafi experience gain karna chahiye apni strategy mein,fir usse real par use karna chahiye..

sourav744

2012-10-29, 05:39 PM

shipu111

2012-10-29, 06:02 PM

The unadorned answer to your question is this with the intention of the public look after to be hurried and therefore baggy their money by the start of their career in Forex and at that time they look after to leave it. The preeminent way in my attitude is this with the intention of a person should permanently practice in a sample tab initially previous to early trading in real tab.

jmsblack18

2012-10-29, 06:26 PM

All again that is all because your money management. People who blow their account too fast maybe doesn't had the good money management technique in their pocket. I had see many rogue trader list and the most reason why they are lose is they doesn't had enough time to keep up looking how much their account down in that day, that is why you must keep in touch about this.

tradergalau

2012-10-29, 06:29 PM

Forex trading is very hard work and a trader without knowledge can not succeed in this business. Mostly traders are not well trainied and they loose their money due to lack of knowledge. Many traders have not enough investment and they withdrawl their profit soon after earning.

dharampal

2012-10-29, 06:35 PM

the reason of blowing account is that some new beginer are do not know about rule and system of forex treadinf and they loss their account and anoter reason is that nobody have patience of and no control her/himself so plz take patience

shaima

2012-10-29, 09:37 PM

The only answer to this question is the rush to enter the Forex market and start trading without any knowledge nor the skill nor experience

hh512

2012-10-29, 09:44 PM

this happened to me also many times. no one wants to blow their accounts. it happens because of the market changes very quickly.no one wants their accounts to blow.

Alexander Alexander

2012-10-29, 10:21 PM

many time i blown my account. but its not means that i am a bad trader. its our fault .. and after blow the account we know the reason why we blown. so in next time . we take care of that so may be we are not blown our account that type again. ;but here every hour market is change its way .. u cant imagine or analysis everytime perfectly

mohibbaba

2012-10-30, 12:47 AM

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.

sirf forex trading mai blow ka shikar nahi hote log bal kay har jaga blow hote hai is ki asal waja niyat ka sahi na hona lalach krna deal zyada pips kay sat krna gold ko more deal krna etc.........

anikroy

2012-10-30, 12:48 AM

myself .. many time i blown my account. but its not means that i am a bad trader. its our fault .. and after blow the account we know the reason why we blown. so in next time . we take care of that so may be we are not blown our account that type again.

malik

2012-10-30, 12:50 AM

Koi bhi trader apna account blow naheen karna chahta aur sab hi traders pesa earn karny ki koshish main hi account blow karty hain, lakin traders ye naheen jantay kay barray profits bnanay ka aik time hota hay aur aap har time barry profits kay chakar main rahain gay to account hi blow ho ga.

gontobbohin

2012-10-30, 12:53 AM

so many people loss their account for lack of knowledge about forex. they don't have patience of his trading. they don't have control on his emotion. when he earn a good profit they try to increase it and take huge risk on his trading without proper analysis and they loss their all equity.

yousef3elwan

2012-10-30, 12:56 AM

Forex trading is not an easy business. Most people engage in trading with little to no education, thinking they can make trading a career and become financially independent in no time by wading their way through trial and error. Soon enough, they make all the costly mistakes that blow up their accounts and take them out of the market totally. In fact, 95% of forex traders lose their money or blow their account within the first few months of opening their account

namrood

2012-10-30, 12:56 AM

Many of the people who create account in forex companie,thing that they will start earning big money from the same day.The leave,because they don't have patience they want to earn the money fast,but where they'll get $1000-$2000 in the same day when they start?!?I think about 80% of the newbies who start trading don't have good knowledge about this type of bussines.Only 20% have good knowledge,good training and can become good traders.

mr kashif

2012-10-30, 02:07 AM

@>- bhai simple se baat hai greedy nahi hona ap account blow nahi hoga q k trader bohut ziyada profit k liye long term trading karty hain aur unhen loss ho jata hai agar wo scalping karen to unhe loss kum hoga aur wo profit acha kar lengy forex trading main!

sreejumony

2012-10-30, 02:29 AM

Theres lot off reasons people blow their account on forex. Its like magic net. In my opinion some suggestion to blow the account. Lack of practice and knowledge is main reason to loss the account. And somebody is entering in forex a dream for quick earn money from forex machine. This is the mind of every peoples . Some people using EA for quick earn money without any risk. Because lot off people here to cheat an unknown person about dont know the forex. So they buy the EA and attach into the currency. After some time they loss their money. Mostly traders are not showing patience and greedy so lot off things to loss their fund. Be calm and quiet here then control our emotions and wait for the best entry to the market and it will be get only lot off experience

mohamed4

2012-10-30, 02:58 AM

many newbies come to this business and they only bring their dream, not good knowledge and here is the basic of mistake
but after several times and then they got the problem , they will learn to know the strategies and try to make better in their trading, and it always happen time by time to newbies..

The Forex trade is undoubtedly contain fairly risky, but risk and strength depends on you you Dear trader ... You determine the level of risk, and you are fighting a battle and controlled by ... There is no worldwide trade of any kind and nature do not contain as much risk.
:respect::good::yahoo:

subashbks

2012-10-30, 03:13 AM

oreoluwa

2012-10-30, 03:44 AM

well a lot of thing are very involve why so many people blow their accounts on forex and i think the very first this is lack of proper money management and lack of experience and also most forex traders rush into the market and never take much of there time to study the direction of the trend so with these i know many traders can have a better ideal

10pips

2012-10-30, 08:35 AM

i think the main reason of blowing of account is lack of proper control over emotions.. Yes its from my personal experience i'm telling because i've blowed up my two accounts till date and i think its because of the loss we have and we 'll try to take revenge to market . . Also some people become impatient and trade at wrong time.. So i think these could be the reasons.

yes, most of the reason that make them fail is also can not control their emotion well, i think they need to make the good control of their emotion, because do not controling our emotion will just make us got fail from make the trading to the forex

nsr.sultana

2012-10-30, 08:43 AM

Getting in dealing without appropriate plan and trying to overtrade the industry to make lot of money and not being ready for failures, neglecting the value of stop-loss will cause to ruining a/c quicker.

trader911

2012-10-30, 09:02 AM

most traders who blow their account due to over trade and bad money management. it can be solved by good money management and eliminating greedy. applying strict stop loss and discipline in implementing the trading plan is the key to save your money.

lulu50

2012-10-30, 09:57 AM

GReed,
fear,
Poor money management.
trading with spoting trudes

RajMalhotra

2012-10-30, 10:19 AM

they .............must have to ......avoid as it is the most volatile market if you do not reduce the risk then it will always blow your account. .................The main reason due to which most of the traders blow their account is that they do not use the stop loss for their trade and after that they use high risk for their trade so both the things

ku_lock

2012-10-30, 10:34 AM

yeah right, that's a mistake that is often made merchant. but it is also most traders only think about the huge profits to be obtained. so it makes traders do not think in terms of the risks they face. thing that causes traders will actually suffered large losses, even they will blow their accounts. Therefore, we must learn to always think about the risks in the forex business.

shepon93

2012-10-30, 10:38 AM

many newbies come to this business and they only bring their dream, not good knowledge and here is the basic of mistake
but after several times and then they got the problem , they will learn to know the strategies and try to make better in their trading, and it always happen time by time to newbies..

we can set some many rules for trading but we always do against it every time we enter the market because we don�t have a patience , so many thinking they can easily win in this market but the truth it not that easy.Right me?

:)

sokcool

2012-10-30, 10:46 AM

the answer is it is because of greed,,, so do not be greedy in trading in forex, be patient and always to control emotions,,,

darmaspirit

2012-10-30, 10:46 AM

yes it is a lot of the useless wasting their money in a business where the acc they are exposed to forex margin call

What causes this to happen

many emotional, impatient, too confident

most traders make mistakes like this
therefore we must mensiapkan ourselves before entering the real account

faridia

2012-10-30, 10:55 AM

in my opinion there are a lot of reason why the trader blow there account, and i think the lack of experience ad the lack of patient are the most causes because if the trader don't have any patient they can trade relax and they sure lose

aarian5

2012-10-30, 11:16 AM

aaannnn It is a business and in a business you just depends upon you luck and 25% on struggle. So pray before starting tread and then do a hard work to gain market knowledge. these all things really worked in my business.
And to blow an account is not a bad thing but if do not learn from loss then it is really a bad thing.

rida1120

2012-10-30, 11:19 AM

in the forex market as we know that more then 90% users suffer loss in the forex market if we do not want to suffer loss in the forex market then we need to mange here our money well and need to read forecast on the daily basis if we really want to make here good money, we always need to done hard work/

ruhanruh

2012-10-30, 11:25 AM

Easy when we dont follow our own rules, when we sit idle looking at growing losses and dont let stop loss trigger and close our trades it will lead to bad consequences like blowing our account.

In the end, when selecting a forex broker, make a comprehensive search since the services they provide deviate to an extraordinary degree; therefore, it is forever best to take sufficient time.

himon

2012-10-30, 11:47 AM

many new traders come to forex business and they only bring their dream, not good knowledge and here is the basic of mistake but after several times and then they got the problem , they will learn to know the strategies or technique and try to make better in their trading, and it always happen time by time to new traders.

shepon93

2012-10-30, 11:49 AM

many newbies come to this business and they only bring their dream, not good knowledge and here is the basic of mistake
but after several times and then they got the problem , they will learn to know the strategies and try to make better in their trading, and it always happen time by time to newbies..

we can set some many rules for trading but we always do against it every time we enter the market because we don�t have a patience , so many thought they can effortlessly win in this market but the truth it not that easy��..:peace:

mizishab

2012-10-30, 02:09 PM

with regards to danger control and financial control relies on the trader's own knowing of each procedure is doing dealing to be more instructed to the several actions that can be approved by affordable and designed to any market situation that is a pattern at the time.

lanre01

2012-10-30, 02:12 PM

inpatience among traders these, days is highly responsible for the loss, and blown out of accounts here and there, lack experience and greed.

pitra7

2012-10-30, 06:02 PM

because forex is risky business... and it is very easy for all trader to face with loss... i think all trader also have been face with loss... and the second because we don't have enough knowledge and skill to trading... if we have skills and experience, and have good psychology and good money management, our account will grow up...

prowitin

2012-10-30, 08:52 PM

Many people blow there account in forex because of lack of knowledge. They feel forex is easy and they start to over leverage then when they start lossing they want to make of fot the lose and they start to revenge on the market applying little or no rsik management.

rabia2021

2012-10-30, 09:30 PM

in the forex market we do not win money if we are greedy or we are fear from the forex market, if we do not want to suffer loss in the forex market then we need to manage here our money well and need to read forecast on the daily basis and do not need to fear from the forex market any more.

yahoo21

2012-10-30, 11:21 PM

there are so many reasons why people loose money in the forex market . and one of these reasons is that people can not control their emotions and that is why most of the time they just end up loosing some or even all of their money , and the other reason why people loose money in the forex market is greed because people can not get enough of money until they loose it all..

kalponick

2012-10-31, 12:55 AM

Traders blow their account because they still dont know how to trade profitably with this market.. most of the trader only aim for making profit.. they never concentrate on learning about this market.. to increase their knowledge and experience level.. because if they do, then they should have known how to make profits even without blowing their account..

hmidaanas

2012-10-31, 01:16 AM

i traded with big lots to get fast profit and many beginners do that but eventually i learnt to be patient and wait for the profit and trade with small lots.

mohsinzafar3

2012-10-31, 01:26 AM

The right and accurate answer to your question is this that the people tend to be impatient and hence loose their money at the start of their career in Forex and then they tend to leave it. The best way in my opinion is this that a person must always practice in a demo account first before starting trading in real account. you keep youself motivated in this business because its very important in your success in forx trading.

mohey062

2012-10-31, 01:37 AM

It is a business and in a business you just depends upon you luck and 25% on struggle. So pray before starting tread and then do a hard work to gain market knowledge. these all things really worked in my business.
And to blow an account is not a bad thing but if do not learn from loss then it is really a bad thing.

Discordance

2012-10-31, 01:42 AM

Forex is the most risky business for newborn traders. Because they are not so experienced and educated in Forex. They do not know about money management, risk management, market analysis etc. So that they blow out their account. But It is the most profitable business for experts. So to be expert we have to loss in this market more and more. they are suffering from a lack of experience

adnanhm

2012-10-31, 01:42 AM

i think if you know the money management then nothing is difficult for you in Forex so my advice just learn money management and learn how to know the trend and know the entering and exiting point and time ... so best of luck dear

kammraz

2012-10-31, 01:49 AM

ichsanz

2012-10-31, 02:17 AM

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.

ya think I could have bro .. greed nothing can., like monkeys .. already holds a banana in one hand right .. suddenly he took another banana in the left hand .. but had two hands full of bananas did he still want to take the banana has her .. That greed .. draw with animals .. properties that do not have on human beings ..
make something impossible possible

msdf999004

2012-10-31, 09:02 AM

I think forex is a good job.The simple answer to your question is this that the people tend to be impatient and hence loose their money at the start of their career in Forex and then they tend to leave it. The best way in my opinion is this that a person must always practice in a demo account first before starting trading in real account.Good luck with your trading....................................

sukro1940

2012-10-31, 09:46 AM

Because so many traders trading with a very high leverage. Their account can only withstand as little as 100 pips in the red. Obviously they will blow up their account that way. Another reason is overtrading. Consecutive losses can wipe you out especially if you are using high leverage.

using high capital and high leverage must also be a safety measure in base funding adequate analysis and quite nice because then you are automatically going to be better and more cautious about the security of your capital itself

halk50

2012-10-31, 10:10 AM

The best way in my opinion is this that a person must always practice in a demo account first before starting trading in real account. Many newbies come to this business and they only bring their dream, not good knowledge and here is the basic of mistake .Expert trader never frustrated and they stay in long term for a single trade.

adikutta

2012-10-31, 10:11 AM

i think if you know the money
management then nothing is
difficult for you in Forex so my
advice just learn money
management and learn how to
know the trend and know the
entering and exiting point and
time ... so best of luck dear

shubho51

2012-10-31, 10:15 AM

Because they are not so good trader. Without any experience they enter this world. And an other reason they are greed too much this is an other reason for losing money. And blow their account.

satriafx

2012-10-31, 10:20 AM

the folks tend to be impatient and therefore loose their cash at the beginning of their career in Forex then they have an inclination to go away it... you cant imagine or analysis everytime absolutely. thus once ever we have a tendency to wrong we have a tendency to face the loss. however if we have a tendency to use the stop loss with cash management and risk management then its low potential to blow our account... the best is try demo before use you money,,,

ajih

2012-10-31, 10:27 AM

ups, actually if we use the correct calculation of the management of forex trading does not make our money gone in a flash. forex trading is so do not expect to profit regardless of the risks that will occur

wulandari

2012-10-31, 10:42 AM

Because they are not so good trader. Without any experience they enter this world. And an other reason they are greed too much this is an other reason for losing money. And blow their account.

Thats why, before you put your real money in forex, you need to learn about trading forex, and know about risk, because forex really high risk business in the world, you can blow your account just in seconds

dareking

2012-10-31, 12:00 PM

Because they are not so good trader. Without any experience they enter this world. And an other reason they are greed too much this is an other reason for losing money. And blow their account.

Aapne bilkul sahi kaha lack of knowledge aur greedy ye dono humara trading account kha jati hai, kal maine hi aise 197$ loss kiya, maine money management ko ignore kiya, jisse mujhe kafi bada loss lena pada.:(

lionfx

2012-10-31, 12:04 PM

there are some investors who don't have the capability of competent dealing.they may not have discovered business very well.And some of them may be selfish in business and so they reduce in business and strike their records in forex dealing.

yanni4forex

2012-10-31, 12:10 PM

look bro, i have blow 2 accounts up losting many over 500 $ in only 1 month, thats because only one thing, my bad effect that the position won't get the target, the problem that my emotions is controlling thats the reason why i blew my accounts...

waqar arif

2012-10-31, 12:35 PM

There are different reasons as to why different people blow their account in no time..!!
First of all many of the traders wants to be rich over nights and they sets for themselves a high targets of pips lets say 100 pips daily and to achieve this they can do any thing hence blows their accounts in no time.
secondly they lack the patience as patience is the key to success.
Thirdly they don't have too much of Forex knowledge, skills and understanding

manav14386

2012-10-31, 01:33 PM

Aapne bilkul sahi kaha lack of knowledge aur greedy ye dono humara trading account kha jati hai, kal maine hi aise 197$ loss kiya, maine money management ko ignore kiya, jisse mujhe kafi bada loss lena pada.:(

bhai hume money management ko kabhi ignore nahi karna chahiye..you have to make proper money management before you invest with proper techniques and planning,it depends on you..money management se hei aapko pata chalega ki aapne kab stop loss lagana hai ayr kab profit lena hai..

brokersstaragent

2012-10-31, 01:40 PM

You blow your account by over trading, entering the market without any trading plan, entering the market just for the sake of trading, and letting emotions get the better of you instead of logic.

wantrich9

2012-10-31, 01:43 PM

moti1

2012-10-31, 01:44 PM

There are many reasons that traders are their blowing accounts. But, from my view, I think that, maximum traders are mainly drop out from Forex just because of, good trading knowledge and experience.

rony

2012-10-31, 02:12 PM

kammraz

2012-10-31, 02:12 PM

There are lot of people get loss in the forex market because they are too greedy, they think that they can make profit in this market easy but they are wrong, they don't have a good strategy to trade here and get loss.

Actually it's very hard for you to blow up your account. Except if you overleveraging. Your account should be able to take a multiple consecutive losses. But nowadays, we see a lot of traders who like to use luck in their trading and trade with high margin.

mahmoudx2

2012-10-31, 02:34 PM

ubonto

2012-10-31, 02:49 PM

Most of the people who create account in forex companie, thing that they will start earning big money from the same day. The leave, because they don't have patience they want to earn the money fast, but where they'll get $1000 - $2000 in the same day when they start. I think about 80% of the newbies who start trading don't have good knowledge about this type of bussines. Only 20% have good knowledge, good training and can become good traders at a short time. thank you.

harrybro111

2012-10-31, 06:11 PM

the lake of knowledge and the not following the trading rules is the main reason of loss and some traders make big investment to get big profit but loose.

halk50

2012-10-31, 06:53 PM

The best way in my opinion is this that a person must always practice in a demo account first before starting trading in real account. Many time i blown my account. But its not means that i am a bad trader. Its our fault . And after blow the account we know the reason why we blown. Expert trader never frustrated and they stay in long term for a single trade.

malik

2012-11-04, 01:46 AM

dareking

2012-11-04, 08:01 PM

Main samjhta hoon kay sab say baree reason hay kay nay logoon ko jankaree theek naheen hoti aur wo ghlat idea lgaty hain market kay barry main aur ghalat treeqay say trade karty hain aur loss karty hain apna.

bhai baat to sahi hai, ki newbie ko jaankari nahi hoti hai, aur wo galat idea lagane ke karan loss karte hai, lekin bhai is field mein wo trader bhi loss karte hai, jo experience wale hote hai, kuch to money management ko follow nahi karte hai, aur kuch log greedy emotion jaisi cheez ka shikar ho jate hai.

kamal8

2012-11-20, 10:33 PM

The useful saneness that the salutary merchant in the activity only 5% and 95% trader are low noesis virtually Forex.
They communication trading without reasoning and they mathematical big assay as a result a ignore move can subdue his invoice.
Proficient dealer never frustrated and they rescript in poverty period for a hit trade.

md508

2012-11-20, 10:49 PM

People tend to impatient and lost money in Forex and then tend to the beginning of your It career ", are not active in a glance and stop losses and the loss of starters and professions, bad effects when moving, in the attack.

tune

2012-11-20, 11:21 PM

Ok , stupid question, but I just start playing with the currency ... I do not understand how people can lose your entire account as fast .. Are not the odds of winning or losing a trade closer to 50/50 if you set your stops far enough? say I have a $ 10,000 account and trade in 10,000 units of EUR / USD each trade so that's $ 1 per pip and set my stops and all commercial 50pips that do the same . Then flip a coin and say that I buy heads and tails I sell and do this again and again .. should still be near the 50/50 ? Now what if instead of a coin that increase obstacles for 100 points and just follow the trend

Man2012

2012-11-21, 12:00 AM

there are many reasons for blowing traders' account i can give you. first i think it is lack of discipline in trading. second, it is trading without experience of traders. And more is without a good plan and good trading strategy for trading.

rashedul

2012-11-21, 12:04 AM

more newbies arise to this playacting and they exclusive transport their imaginativeness, not opportune knowledge and here is the first of identify
but after individual times and then they got the job , they leave study to couple the strategies and try to head gambler in their trading, and it always happen clip by second to newbies..

setu123

2012-11-21, 12:09 AM

The best way in my opinion is this that a person must always practice in a demo account first before starting, when we sit idle looking at growing losses and dont let stop loss trigger. We take care of that so may be we are not blown our account that type again. But here every hour market is change its way. Expert trader never frustrated and it always happen time by time to newbies.

mohammed bawaaneh

2012-11-21, 12:15 AM

because the most member in the forex depend on there luck or without know any thing realy on forex that for sure cause a huge loses so try to have a demo

hashaam

2012-11-21, 12:31 AM

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.

dekhen baat asal me ye hai k forex me kuch b fix nahi hai na los na profit kabhi bhi kuch b ho skta hai to aisey me ap ko hmesha save game khelni chye or hmesha ki tarah apko stop loss lgana chye or lot choti lagani chye ta k kam se kam account blown na ho....

hossam_eldin

2012-11-21, 12:48 AM

they simply lose because the took quick decisions and the are easy stressed and impatient so they think that forex is for luck and leave the market . this is wrong you have to practice on a demo account the enter the real world

newentries

2012-11-21, 01:02 AM

I surpose that most of traders lose in forex trading is new comers. And there is one reason for their loss, i think it is lack of knowledge and experience in this market. trading needs a lot of experience and if they do not have experience, they will come to loss.

Lancer

2012-11-21, 01:02 AM

Blowing accounts is a token of the presence of a mega ego. I mean stubbornness not accepting the idea of losing, not accepting the idea of being mistaken etc. Ego is against acquiring experience.

heru

2012-11-21, 01:06 AM

The simple answer to your question is this that the people tend to be impatient and hence loose their money at the start of their career in Forex and then they tend to leave it. The best way in my opinion is this that a person must always practice in a demo account first before starting trading in real account.
you are right boss, most novice traders have always wanted to make a profit soon, they forget the learning and training is a major requirement for success. we should be patient and train ourselves through demo account

tasnuva

2012-11-21, 01:15 AM

The somebody fulfill to your inquiry is this that the grouping incline to be unforbearing and thus unfirm their money at the act of their career in Forex and then they incline to pass it. The good way in my judgment is this that a being staleness always practice in a present record original before play trading in existent reason.

arif_ijb

2012-11-21, 03:04 AM

Most of the new people in Forex are Excited to get a huge amount of profit. They have not huge knowledge and are not well trained or guided. So, at the first time many of them lose all of their money but that's not the end. Failure is the pillar of success.

rebate lover

2012-11-21, 03:16 AM

When we are subsequent capital operations simply by trading sensible upon every single deal along with keeping adequate sense of balance to have possibility additionally making use of stops upon the investments most of us should certainly not necessarily get into an issue wherever most of us whack the accounts.

for pips

2012-11-21, 03:29 AM

Most of new traders will surely fail and MC's for sure.Based on experience as well, traders initially failed because too sure they can get money quickly.Though not like it, will quickly run out of money in forex trading if the wrong way.

t100

2012-11-22, 08:33 AM

of people who try online Forex trading lose their money or blow their account in ... The main reason why online Forex trading is so difficult and why so many ... A lot of rich people enjoy privacy and would prefer not to be seen or ... Many Forex traders enter the markets, blow their account away and give ...Many of you will never forget �Broke.� It was ... Many so-called educated people simply cannot think.

jok

2012-11-22, 08:48 AM

When I first started years back, i did not know this fact and i paid for it. Looking back now on those days, i find that many might still be in that predicament part caused by ignorance. God declared in his law for mankind "My people perish for lack of knowledge"Hosea .

toyfur100

2012-11-22, 08:50 AM

With real money, the unrealistic and silly risks people take would just not occur. ... The way it is now, most people will blow their accounts out of frustration or fall so far behind, that ... again till the next competition as there are not many other reasons for me to .... Forex We repeat, do NOT read on if you've yet to watch the FX drama's latest ... night when with one lethal, final blow it orphaned two children, widowed a .... Never has an episode of Sons made me sob so hard. ... This show reached its peak in season 2. ..... How many people should have to pay for Ti's sins

umair tahir

2012-11-22, 08:59 AM

your question is this that the people tend to be impatient and hence loose their money at the start of their career in Forex and then they tend to leave it. The best way in my opinion is this that a person must always practice in a demo account first before starting trading in real account.

Chamika

2012-11-22, 09:16 AM

i think most of the systems work when it comes to Forex trading but the worse thing is that the Forex traders do not have the required qualities in trading such as patient and poor money management, that is why most of the trader lose their money.

dhakac

2012-11-22, 10:15 AM

My buddy thats just a procedure of going towards tremendous achievements. All those who rush their dealing records get to understand from their errors and I think that this studying is the most essential information that a investor may get.

satya

2012-11-22, 10:18 AM

there are some traders who don't have the capability of skillful trading.they may not have discovered business very well.And some of them may be selfish in trading and so they reduce in business and strike their records in forex trading .

ajmalmirza

2012-11-22, 10:43 AM

log is kam ko achi tarha se sekhty nahi hain aor na he is business ko achi tarha se advertise kia gya hai ager is ki advertisment achi tarha se ki gai ho to phir humain koi masla nahi ho ga kion ke phir hum mehnat kar ke kam ko sekhian gy

bestlooser

2012-11-22, 11:21 AM

most of people know about forex and I guess advertisement of forex is not much but still because of such forums like mt5 every one is having some basic knowledge of forex but problem is again most of people just not following and this is the reason they blow accounts and some people even do not take trading seriously...

Taram786

2012-11-22, 03:46 PM

In Forex market 80% people fail and only 10% people pass this wonderful business . There are many main reasons for losing the Capital in Forex market . These reasons are as follow .
1:Greedy n Fear
2:Low investment
3:Less experience
4:Not having a proper plan
5:lake of money management plan .

rahman.50

2012-11-23, 02:23 AM

rajakhulna27

2012-11-23, 03:37 AM

I just start playing with the currency ... I do not understand how people can lose your entire account as fast .. Are not the odds of winning or losing a trade closer to 50/50 if you set your stops far enough? say I have a $ 10,000 account and trade in 10,000 units of EUR / USD each trade so that's $ 1 per pip and set my stops and all commercial 50pips that do the same . Then flip a coin and say that I buy heads and tails I sell and do this again and again .. should still be near the 50/50 ? Now what if instead of a coin that increase obstacles for 100 points and just follow the trend using simple basic techniques ? This should be a good way to win right? What do you think ?

oreoluwa

2012-11-23, 04:37 AM

i think the main reason why most forex traders lose there account is when they fail to practice very hard in the demo account but always rush into the market just to make profit so they all end up losing there account thats what i really think

عبير

2012-11-23, 04:44 AM

Ignorance and greed, greed and lack of adequate knowledge in Forex makes a loss much greater opportunity of opportunity profit Fi work in the beginning adoption depends entirely on the study of adequate and complete information on this trade science and knowledge are the basis of the success of any trade

tarin1

2012-11-23, 05:05 AM

I think forex is a good 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.Be careful...................................

milat fx

2012-11-23, 05:40 AM

When I ordinal started eld side, i did not copulate this fact and i remunerative for it. Perception posterior now on those days, i reach that galore might plant be in that plight section caused by ignorance.

Mustarinho

2012-11-23, 05:46 AM

well as for me i think the mean reason why many trader blows there account is because of greed and not enough capital and also many traders trade with emotions and fear and the more you have all this attribute you can not really make profit from the account you will end up blowing your account

khaladaktr

2012-11-23, 05:50 AM

Because there are so many fundamentals truly integrated in each currency traded, not really 50/50 . So many external forces directly influence the market so there randomation true in that market. MedlinePlus MedlinePlus For example , if I flip heads a day to buy the currency and the government decides to print more money , the value drops and you lose . Ok , now that

zasd

2012-11-23, 06:46 AM

Easy when we don't adhere to our own guidelines, when we sit nonproductive looking at increasing failures and don't let stop-loss induce and close our deals it will cause to bad repercussions like ruining our consideration....

jitu671

2012-11-23, 07:30 AM

As such, it has been referred to as the market closest to the ideal of perfect competition, notwithstanding currency intervention by central banks. According to the Bank for International Settlements,[3] as of April 2010, average daily turnover in global foreign exchange markets is estimated at $3.98 trillion, a growth of approximately 20% over the $3.21 trillion daily volume as of April 2007. Some firms specializing on foreign exchange market had put the average daily turnover in excess of US$4 trillion

rzza

2012-11-23, 07:35 AM

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.

Hi, the simple reason why many traders blown up their account is because they never put stop loss while open entry.
And they never learn how to be patience and discipline.
I think if they did, they can manage to save and prevent their account from totally loss.

ennt8

2012-11-23, 07:39 AM

khokan

2012-11-23, 07:54 AM

easy when we don't adhere to our own , when we site nonproductive looking at increasing failures and don't let stop- loss induce and
close our deals it will cause to bad repercussions like ruining our consideration.

gaif

2012-11-23, 08:09 AM

the people tend to be impatient and hence loose their money at the start of their career in Forex and then they tend to leave it. The best way in my opinion is this that a person must always practice in a demo account first before starting trading in real account.

hikamkapoor

2012-11-23, 09:12 AM

well something must be better to avoid we can set some many rules for trading , so many thinking they can easily win in this market but the truth it not that easy.Right me? but we always do against it every time we enter the market because we don�t have a patience

pips in trading

2012-11-23, 09:33 AM

First time I started years back, i did not know this fact and i paid for it. Looking back now on those days, i find that many might still be in that predicament part caused by ignorance.

mamunga

2012-11-23, 10:11 AM

we can set some many guidelines for dealing but we always do against it whenever we get into the industry because we never have a tolerance , so many people believed they can quickly win in this industry but the fact it not that simple

mrmax

2012-11-23, 11:36 AM

app ki baat sahi hai par yahan pe log bas ye chahty hain ke wo jaisy he trade lagain wo bas prfit main chali jay hum log stop loss lagana acha nahi samjhty kion ke loss hota nahi dekh sakty ya loss main trade band nahi karty aor phir isi ghalti ki waja se pora account loss ho jata hai

mdjoy16

2012-11-25, 03:05 AM

why do many forex the main reason that the expert traders in the market only 4% and 96% traders are low knowledge long for asingle traders

saeenfx

2012-11-25, 03:08 AM

simple hisaab se currency dealing industry me bohot se logon k accout strike is liye hote hain kyun k unka unki feelings par management nahi hota aur wo log bohot zayada lalach me par jate hain.

wawaz_i

2012-12-09, 12:51 AM

First come to forex, ussually people just have big crasher without any knolegde, but after several times and then they've got the problem, they will learn to know the strategies and try to make-better in their trading, and it always happen time by time to newbies ..

rafimh

2012-12-09, 12:53 AM

too much greed is the reason of blowing accounts. lots of people tries to make lots of profit quickly without thinking the risks. as a result they loose their money.

vickymughal

2012-12-09, 01:04 AM

log forex tradig k zriye se boht zyada eaning krna chahte hain bt forex trading aik risky job hai...is me sirf un logon ko profit hota hai jin k paas forex trading se related boht zayada knowledge ho..jb new traders ko lose hota hai to wo trading chor dete hain...

kuddos.29

2012-12-09, 03:06 AM

aandree

2012-12-09, 03:17 AM

that mistake that is often made merchant. but it is also most traders only think about the huge profits to be obtained. so it makes traders do not think in terms of the risks they face. thing that causes traders will actually suffered large losses, even they will blow their accounts. Therefore, we must learn to always think about the risks in the forex busines...

ntoed

2012-12-09, 04:56 AM

greed is always harmful for trader. trader blow their account because of over trade and bad money management. they want to be rich in one night. we must learn to always think about the risks in the forex business so we can be more cautious when trading. we should be discipline with our strategy and always control our emotion. we should not depend on our luck but we should keep learning.

mohamed elsayed

2012-12-09, 05:12 AM

In the beginning as a newbies when i practiced in demo account ,it happened but yes with real account ,i never took any kind of risk unnecessarily .Its true that the newbies sometimes having no idea about the margin call and leverage ,which just blows their account and compelled them to close them.

rebate lover

2012-12-09, 05:26 AM

The important sanity that the good trader in the market exclusive 5% and 95% trader are low noesis virtually forex and they signaling trading without analysis and they exact big risk as a result a slight move can overcome his account. Proficient trader never frustrated and they rescript in want period for a bingle trade.

nurja

2012-12-09, 05:53 AM

omenosbourne

2012-12-09, 05:58 AM

I think trading is not like tossing a coin, the probability for me to lose it would be great, I think it is because we are dealing with the range, we have to account for that as well, we just might be able to determine buy or sell but set a target of how many pairs of stop losses and take profit is difficult.

ningnong

2012-12-09, 06:33 AM

In attendance square measure many motivation because of that people expertise losses in forex which they is lack of endurance and regulation lack of profitable commerce strategy or not evangelical in demo account. Incapability to manage their emotions and many of different motivation can lead to losses for them.

ahmedi

2012-12-09, 07:32 AM

too much greed is the reason of blowing accounts. lots of people tries to make lots of profit quickly without thinking the risks. as a result they loose their money.
Making loses in forex is easier than making profits and that is the truth. Am sure all trader will agree with me on this matter. But we cant deny that if we will have a proven successful strategy we can earn profits unlimited.

pisses[69]

2012-12-09, 07:42 AM

Forex is a good money making business. 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. Apply safe strategies.
you make your own mistakes for many times , that's all that you must leave and introspection yourselves remember , what ever your sistem it can make profit the only one reason why you lose your account is you can't fight against yourself , in trading you not fight against the market but you against yourself

mithon4

2012-12-09, 07:46 AM

The move by the Ministry of Finance and Economic Affairs to convene a high-level economic meeting to reconsider as well as develop those strategies, and the revelation by the Central Bank that our economy continues to register sustained growth, manifests the dynamic and visionary qualities of our able president. Our economy continues to be on track simply because the government has adopted strict economic principles, including financial discipline. Such a reality, no doubt, would not have surfaced if the leadership is not committed to the demands of national development. After all, the evidence of a growing workforce, expanded community infrastructure and services, good road network, improved electricity and water coverage among others are all testimonies of the significance the Jammeh administration attaches to the sustained growth of our economy.

annura_fx

2012-12-09, 07:47 AM

actually there area unit several new entries un agency dont understand abundant concerning the market and that they area unit performing on live accounts and a few times accidentally they earn some issue however largely they lose and also the alternative factors area unit lack of information.

jummygurl

2012-12-09, 07:53 AM

lack of knowledge, greed, and lack of discipline will make a lot of traders to blow their trading account, the thing is that as a trader we need to make a balance between all these stated factor because they are the major thing that cause failure to traders, thier are some traders instead of them using proper money management they don't use it they tend to want to make all the money just in only one trades and when things get of their hand they tend to get a margin call

jok

2012-12-09, 08:08 AM

Forex strategy training which will equip all potential traders with the knowledge that they need to trade foreign currencies on a global scale. Forex trading is a very lucrative business for those who are good at it and this has led to a hug increase in people trying their luck, however, it has been estimated that 70& of those who try Forex trading still lose consistently. If you want to be in the 30% that don�t visit Everest, learn their strategies and, if you are good you could even receive a Forex bonus from them.

capablanca

2012-12-09, 08:16 AM

There'll generally be spikes that change developments and there might be large financial occasions which alter the trend of a nation however it will be honest to say that charting the form and path of currencies and their interplay with each other could be a very sensible method to make on-line funding decisions.

rajon999

2012-12-09, 08:26 AM

When come in 1st time then it is very easy for me & i think, there are a lot of money income is possible in forex. A few days back, i am loser my whole money. I think, we need more trading experience & we have to professional in forex then it is possible income in forex. so experience is most important in Forex trading.

faysal.nitu

2012-12-09, 08:51 AM

i think their is many reason for losing their account................. in my opinion the main reason is news...... people are unable to understand the news or they dont want to do news analysis............ for that reason the cant guess the market movement................. for that reason they will foll in trap.................... and lose their money in forex.....................

boeled

2012-12-09, 08:52 AM

so many people lose trading account with the money they invest in this business because they do not know what to do when trading. they just think that forex is a place to earn money as soon as possible and as much as possible.

asmakhatun

2012-12-09, 08:52 AM

The nonuniform tell to your speculate is this that the fill incline to be agitated and hence lax their money at the line of their line in Forex and then they run to tell it. The soul way in my instrument is this that a human staleness always drill in a demo ground opening before starting trading in etch story.

sracer86

2012-12-09, 09:25 AM

many newbies come to this business and they only bring their dream, not good knowledge and here is the basic of mistake
but after several times and then they got the problem , they will learn to know the strategies and try to make better in their trading, and it always happen time by time to newbies..

I also agree with you that most of the newbie come to trade without enough knowledge on trading and thus they fail in trade.Another cause is patience,they want to make money fast and for that they start trading without observing the market situation for long times.They see a better time of trade and instantly enters trade for making money without thinking or analyzing if the condition will be stable for some times or not.

Amirgoraya

2012-12-09, 09:30 AM

trading k liye exprt advisre sab se best hai ap kabi b market ko pori tara se nahi samj sakty na har trde pe profit le sakty han magr exprt adviser asa kar skta hai or ap ko ap ki soch se b ziada earn kar k de sakta hai

rubel.88

2012-12-09, 04:52 PM

Easy when we dont follow our own rules, when we sit idle looking at growing losses and dont let stop loss trigger and close our trades it will lead to bad consequences like blowing our account.Easy when we dont follow our own rules, when we sit idle looking at growing losses and dont let stop loss trigger and close our trades it will lead to bad consequences like blowing our account.a good job...................

laleo

2012-12-09, 07:36 PM

Forex trading is not a gambling. But it is a systematic way of business. You should be well versed of economic conditions of the country of the concerned currency. My sincere advice is to practice with demo account and then micro account and finally standard account. It is better to be calm than losing in a vague trading.

audibmw

2012-12-09, 07:58 PM

people are not patient about there success in forex, they want to get it early but in some case it take time to make profit we need experience and to be professional about this business by this way we can stay with this business.

shiponmb

2012-12-09, 08:47 PM

....the people tend to be impatient and hence loose their money at the start of their career in Forex and then they tend to leave it.....

taylor.swift.14

2012-12-09, 08:52 PM

I blown my account. but its not means that i am a bad trader. its our fault .. and after blow the account we know the reason why we blown. so in next time . we take care of that so may be we are not blown our account that type again. ;but here every hour market is change its way .. u cant imagine or analysis every time perfectly...

aarti

2012-12-09, 09:04 PM

Yes there are many new items that do not know much about the market and they sometimes work with Live accounts and accidentally serve them but mostly they lose something and the other factors is the lack of knowledge.

fxcare

2012-12-09, 09:13 PM

If those who blow their account look at their behaviour they made mistakes not followed risk management, if you were using proper risk management there shall be no reason to blow your account or get big losses even.

ahme000036

2012-12-09, 09:15 PM

because 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.

sasasso58

2012-12-09, 09:16 PM

I think ..
some traders like to get instant results and they do gambling in the forex business ..
many traders have any thoughts about forex and the business consider this is an instant way to make money

moh44497

2012-12-09, 09:17 PM

most of the trader do not follow the market trend and without know about the market then open deal and suffer loss and then they become emotional and open again trade and at this time again they loss because they do not follow the market

shahid1

2012-12-09, 09:18 PM

sugihbondo

2012-12-09, 09:20 PM

we can set some many rules for trading but we always do against it everytime we enter the market because we dont have a patience , so many ppl thought they can easily win in this market but the truth it not that easy

usually we are not easy to reach kesabaran.kita will feel vibrate when looking at an uncertain price movements. and feeling anxious heart did open position. but usually if we follow the desires that we will incur a loss.

rapunzel

2012-12-09, 09:36 PM

I think the mistake lies in the following: -
First: - Considering Forex like a game. And then falling in the following: -
1 - Lack of training on the demo.
2 - rushing to open a real account.
3 - greed and fear.
4 - recklessness and trading transactions.
Secondly and finally: - not to accept the loss and thus achieve more losses.

hakim555

2012-12-09, 09:39 PM

Why do so many people blow their accounts on forex?
Nearly 99% of all traders lose funds on forex. Actually, in this regard, they're not forex traders at all. They are just mugs who saw an advert on the web, and thought that they too could make an effortless living just by pressing a couple of buttons.

amit khanna

2012-12-09, 09:47 PM

people do not have patience,that want to grow rich in forex quickly,which is rare possibility,most of the traders loose their money in initial trades and are out from the market,but best way is one should try to remain in the market for a longer period to understand market and its volatility,people should attempt on demo account to be successful and more stress on capital management for attaining success.

lincon08

2012-12-09, 09:59 PM

:girl:Traders are not patient about there success in forex ,they want to get it early but in some cases it take time to make profit we need experience and to be professional about this business by this way we can stay with this business.

hasnainkb

2012-12-09, 10:03 PM

Everyone trader make own rules and broken but i think that when i start a order we know that what is the position of forex market and what is the indicator tell us.

selinabegum

2012-12-09, 10:34 PM

The unlobed statement to your reflect is this that the grouping incline to be restive and thence irresponsible their money at the act of their progression in Forex and then they tend to parting it. The superior way in my content is this that a human must e'er activity in a demonstrate accounting prototypal before starting trading in actual accounting

richard

2012-12-09, 10:45 PM

I think few traders are have the knowledge of forex trading and mostly have not so much knowledge of forex market. They start trading and bear the loss and also making propaganda the forex business is risky.
if you do not understand how trade is good then you get in the demo just because there is no risk so you will not bear losses if it is understood that both the analysis and strategy, then you can be real because a big risk

blackjack

2012-12-09, 10:49 PM

It's not stupid question, it's a good question indeed, if we know why so many people below their account, so we can learn from their mistakes, and that it's the pillar of success in forex market, well I think the big mistake we made is about discipline, almost of traders are not disciplined about their money management and their strategies, if we are strict about them we can resist for long time in forex market .