There are more reason why so many traders is lossing in this business. For so many didn't have any experience before they start trading. Other is for lack of patience and discipline. This are the thing that cause the forex trader to loss.
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There are more reason why so many traders is lossing in this business. For so many didn't have any experience before they start trading. Other is for lack of patience and discipline. This are the thing that cause the forex trader to loss.
i think that many reason a trader loss in Forex so 1 do not control to emotions and lack of learning about Forex and due to knowledge so more to more practice demo .
There are most of them lack of experience depend of signal non trading addressing trade high risk have no trading strategy for the self confidence batter that they do not follow no market .
Forex traders is lossing in this very market for defferent reasons.
Some are for lack of experience.
While many other are because of greed and emotions.
A trader loss in Forex because of not properly understand the Forex , not analysis the market situation , not enough knowledge and the most important thing is become very greedy.
Traders loss for many different reasons. And in some cases it is because of their in ability to learn or study the business as well. Pride also causing many in this market to loss their money in this market.
When a trader become greedy then he traded high risk. Sometimes he win but in that thay he get loss then he has gone out of market.More study can be create a perfect trading strategy and a perfect trader.
This thing happens for many of us traders do not have any experience before they are coming into this market. Or doe many is also caused by greed and emotions.
Forex trading is not a 100 % safe business and not only this business but also it cannot be said about any business that its 100 % risk free as in every business risk is always involved. Not doubt the risk involved in forex trading is higher then other businesses but its also true that the percentage of earning profits is higher than other businesses and a trader can earn huge profits if he undertakes risk management strategy.
Trend trading takes patience.
Most traders lack that patience and want to trade both the trend and the retracement and in the long run end up losing money.
The facts offered to you by these individuals can cost but if the Forex signal service has an excessive success rate of winning trades, your money will definitely end up being made back in absolutely no time.Quote:
Originally Posted by adnan10076
I agree with you about your point about a forex currency traders mindset. If a forex trader possesses a bad or corrupt mindset, then it is going to greatly affect them all the time in their forex trades.Quote:
Originally Posted by nyiel100
Having a bad mindset in forex can actually be solved by looking at the experience of merchants who are professionals. Maybe because they only see from some traders are having success so they have the mindset to be a bad effect on forex. Every trader certainly have all experienced loss and it is a natural thing because it is the risk of the trade. So try looking for experience with a professional trader or a trader is successful by sharing their experiences with a bad mindset to forex will definitely be lost ;)Quote:
Originally Posted by ishvara
money lose karta han balka ya kaha jata ha ka 90% trader trading main fail ho jata han es ke boht sari waja sa kuch trader trading main esi waja sa fail ho jata ha k wo trading main knowledge earned nahi karta kuch trader trading main apna emotion ko control nahi karta .
---------- Post added at 01:44 AM ---------- Previous post was at 01:43 AM ----------
money lose karta han balka ya kaha jata ha ka 90% trader trading main fail ho jata han es ke boht sari waja sa kuch trader trading main esi waja sa fail ho jata ha k wo trading main knowledge earned nahi karta kuch trader trading main apna emotion ko control nahi karta
A trader loss in a forex different of causes. There are most of them. Lack of experience, depend of signal,therefore we must equip ourselves with skills well before we trade on real account.
I agree with this statement ... most traders do not understand and lack of experience, plus a slight obsession with profit but without looking at the situation and market conditions .............:(
in my opinion lack of knowledge,and also t i can say some common reason such as huge capital and greed for huge money they lose in trade.
because they do not recognize, do not buy or sell any of pressing and one prediction I also happened when I wanted to buy buy sell Clicked
most trades loss as result as greed and fear
Loss reasons vary from one person to another by his mistakes and learned from his mistake next control emotions
And not being misled by greed, these things vary from one person to another, depending on the personal abilities, but who controls his emotions and tightly manages its capital succeed in this market
Bargainer going in forex because they don't score patience. They don't overmuch work and instruct and they often Solon Bavaria. They don't use fitting money management.
I think the main reason is lack of experience of forex trading.To be a good professional forex trader you need to build your own trading strategy.This trading strategy need to practice many times and need to get confidence about and there after need to practice that trading strategy.
Trader tb loss m ata hy jb wo apna wrk pory intrust se nhi kr rha hota, ,,, forex trading news or updates ko follow nhi krta, crrucy rates ko nhi dekhty, or trading m sb se important hy k trader forex trading m expert ho......
I think there are many defferent thing that cause many of us traders to be lossing in this market. Plenty of us have lost patience. While so many others are because of greed and emotion. Many do not have the knowledge and experience.
Investors decrease in Currency trading for various factors. First of all might be that they have no enough benefits that is required to be successful in Currency trading. To prevent reduction traders must merge some benefits to him. Which is mostly required is Tolerance.
Traders losses in many defferent ways in this market. Some are lossing for the lack of experience, understanding and skills. Emotions is another that contribute immensly in our loss.
The forex trading market usually starts its day in Sydney, Australia and then ****ually progresses to other major markets, because it is open round the clock for five days from Sunday to Friday, and if an investor has bought the automatic forex system.Quote:
Originally Posted by knh
well i think that any trader loss in forex trade because of many things , like for exemple ther is not a clear strategy for many person ..
It's commonly known that most forex traders fail. In fact, it's estimated that 96 percent of forex traders lose money and end up quitting. To help you to be in that elusive 4 percent of winning traders. Most currency traders start out looking for a way to get out of debt, or to make easy money. It is common for forex marketing to encourage you to trade large lot sizes and trade highly leveraged to generate large returns on a small amount of initial capital. You must have some money to make some money. It's possible for you to generate outstanding returns on limited capital in the short term. However, with only a small amount of capital and out sized risk, you will find yourself being emotional with each swing of the market and jumping in and out and the worst times possible.
Statistics show that the initial success for new forex traders is disturbingly low. Over time, this trend tends to improve, but for many, it is too late. After posting a series of losses, many new traders will give-up, believing that forex trading is simply not for them. It does not have to be this way.
Lack of Experience
Forex trading - like any new initiative - has a learning curve. However, unlike learning a new skill such as learning to play guitar for instance, you are not risking your entire savings while discovering the difference between a major and minor chord. Learning about the currency markets and basic trading principles solely on a trial and error basis is not a recommended approach for gaining the skills necessary to be a successful forex trader.
Most online forex brokers offer a practice version of their trading platform that offers the very same experience as a live trading application. Typically, once you create a practice account, you are free to trade and deal as you wish risking only the "play" money used to seed your account.
With a forex demo account, you can see how the market reacts to economic forces including news events without actually risking your investment capital. However, you must treat this account seriously if you expect to learn from the experience. If you simply shrug off a loss without understanding why the loss occurred, then you are wasting your time and setting yourself up for disappointment. Take advantage of this unique forex market training tool before committing your money to a real forex trading account.
Unreasonable Expectations
First off, stop believing all the “get-rich quick” hype still perpetrated by some forex dealers. Yes, there are those that do get rich trading forex but some people also get rich selling houses. In either case, it does not happen overnight and it might take years to gain the experience and insight to turn forex trading into a full-time, successful occupation.
As a new forex trader, if you manage to stay in the game without losing all your money in the first few months as is all-too-common – then you may be able to learn what is required to be profitable. In other words, don’t quit your day job just yet.
Absence of a Sound Trading Plan
Next to having unreasonable expectations with regards to the risks associated with forex trading and the amount of time required to be successful, a common mistake made by new traders is the lack of a forex trading plan. In reality, there are two aspects to this plan; an overall objective for your trading activities and a plan for each trade you make.
Your overall objective should include the currencies that you intend to deal in, the amount of leverage you will use, and the amount of time you intend to devote to your trading activities. Your plan must also include a realistic rate of return you expect to achieve. In addition to your overall objectives plan, you also need an exit strategy plan for each trade you make that includes the upper and lower boundaries of the trade.
In other words, you must identify the level at which you will close positions and take your profits (take-profit order) or in the case of a losing trade, the level at which you are prepared to go before you get out of the trade thus limiting your losses (limit order). We’ll talk more about stop-loss and take-profit instructions later.
Lack of Discipline
A plan is only of value if you actually have the patience and the discipline to follow it. While this can be difficult, it is necessary if you expect to be successful, and it is this very reason why developing a plan prior to the trade is so fundamental. As rates fluctuate, you can easily get caught up in the market and it is only human nature that you will begin to second-guess your actions. If, for instance, the rate moves up surpassing your original take profit point, you may be tempted to hold out for an even higher return; alternatively, if the price drops below your limit level but you believe there is a big rebound just around the corner, you may be tempted to keep the order open on the hopes of a reversal.
But does either scenario really make sense? If before you entered the trade you had a sound reason for establishing both your take profit and your loss limit levels, how likely is it that conditions have changed so much that now you are prepared to throw your previous assessments out the window in the heat of the battle? Can you be sure that you are not acting on emotion rather than sound analysis?
This is why a plan is so important – it allows you to avoid the emotion that is bound to arise during times of volatility.
Now this is not to say that a trading plan can never be revised – in fact, your overall objectives should be re-examined every few months or even more frequently if required. As well, it may be necessary sometimes to abandon a plan mid-trade if market conditions warrant but this should be the exception and not the norm.
And yes, sometimes the market can be so volatile that no amount of planning will produce positive results. In this case, maybe the best option is simply not to trade until you can get a better handle on things. Never allow yourself to fall into the “I have to do something” trap – sometimes the best plan is to do nothing.
Failure to Include Stop-Loss and Take Profit Instructions
When you place a market order and leave it open – that is, enter a trade at the market price without instructions to close the order – you are in effect, gambling with the total value of your account. For this reason, you should consider adding stop-loss instructions to all open positions.
For instance, if you are holding a long GBP/USD position, you can include a stop-loss instruction that automatically sells your long position if the rate falls to a certain level. In this way, you can limit the amount that you could lose on any given trade – even if you are unable to constantly monitor your account.
Take-profit orders are similar in that they allow you to establish the rate at which you want open positions closed in order to lock-in profits. Again, you simply need to identify the rate at which to take the profits, and the trading system closes the position without further intervention on your part.
Excessive Leverage
Depending on your experience level, trade leverage can be a powerful tool to help you maximize returns, or it can be the cause of your downfall. It is not something to be taken lightly and if you do not understand how it works, don’t trade until you do understand.
Holding Too Many Open Trades
Fighter pilots call it “helmet fire” and it happens when too much is happening around you too quickly for you to react. In the cockpit of a jet fighter, it can get you killed – as a forex trader, you may not end up dead but you will probably end up broke.
Holding Losing Positions Too Long
One of the things that really separates seasoned forex traders from those just starting out is their ability to determine when a losing trade is not going to reverse the trend. Rather than “hold and hope”, disciplined traders will take the loss and get out much more quickly.
This is another reason to set protective stops on all your trades; if you include effective stops when you submit a new trade, you can at least limit your losses without having to spend too much time “babysitting” the order. If the trade hits the stop, you will lose the amount committed but you also protect the bulk of your capital, leaving you with funds to move into something else that, hopefully, will be more profitable.
Sometimes, you just have to treat these things as life lessons – learn and move on.
Ignoring Rate Spread Fluctuations and the Impact Spreads Have on Profitability
Exchange rate spreads – the difference between the bid and the ask price – are of utmost importance and directly affect the profitability of each trade. You need to be aware that spread differentials can fluctuate wildly during the day – sometimes to the point of turning a profitable trade into a losing one.
You also need to understand that forex spreads will widen during off-market hours when volumes and liquidity are lower. In addition, spreads tend to widen ahead of important news such as an impending interest rate decision or the latest employment results.
Thinking About the “Big Win” More Than Effective Cash Management (AKA Greed)
This one is pretty straight-forward – greed; or more correctly, how greed can cause you to enter into ridiculous trades. This must be the same gene that causes some people to keep “doubling-down” even when the odds are so against them that it make no sense at all. If you want to gamble, go to Vegas.
the insufficient information about forex dealing i think the main objective to loss in forex dealing. there also some another objective that the unwanted avarice to make advantage, and taking choice on the factors for chit chat is the most effective objective.
The business in the foreign exchange market without the capacity to negotiate the analysis of accompanied cover, the management and the control of feelings is well then it will talk only to the storekeeper obtains the loss. Thus we have to equip ourselves with skills well before we negotiate on the account .
It's a fact that most traders lose because they don't have mental discipline and the reason for this is quite complex in that to have discipline you have to have certain traits that are not considered good in normal society - but there essential in forex trading.Quote:
Originally Posted by Salma
Trader lose his or her miney like,
1. Greedy
2. Same mistake.
3. Make big volume
4. Low investment
5. SL
Etc is the some reason trader lose there money.
There are many reasons for which trader loss in forex. They do not know about forex trading. They start their trading by opening real account. they cannot open demo account. They cannot practice using demo account.They trade in the volatile pair of currency.So they loose their money.
the forex is the very risky business here many people do the job and make the better profit from here but some are very worry about this thing how to save from the loss so i think you need the knowledge about this business and experience about this business
---------- Post added at 11:08 PM ---------- Previous post was at 10:56 PM ----------
here i think many reason about this question because bro i think it is very risky business so here first you need the many of knowledge about your business then you need the experience in your trading and then you make the better profit from here
It's a glorified version of gambling - where you're betting on the currency you're buying to rise in price. The best way to *not* lose money is to use the systems and techniques that already successful traders are using. And the best way to do that is to use a forex system that they've created.
I also think, that the very basic and the main factors why there is a loss to the trader, it depends on the trader itself, how the trader's ability, as well as how, techniques, experience, analysis, and others to determine the mental decision in Open Position it so effect after the op and then later with the next market movement, will profit or that many lossnya
Trade in the Forex market without the aptitude to trade accompanied covering analysis, organization. They also lose in trade for not using money management in trade and do not have good information of trade.
After having traded in Forex for numerous years with successful result, like many other successful traders we like to share our story which we had build to suit our lifestyle. The reason why I choose to trade in Forex is because I want to lead a better personal life. Am ...