All trader had their own strategy and experience, they should be their own analysts . and shouldn't relay on other people to trade of them as this will never make them to be tradersQuote:
Originally Posted by freaky1212
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All trader had their own strategy and experience, they should be their own analysts . and shouldn't relay on other people to trade of them as this will never make them to be tradersQuote:
Originally Posted by freaky1212
I think most traders suffered loss because of their lack of discipline. in theory, it is easy to say. but, in real, it is very difficult to do. because there is a sense of greed that is always there in your mind. you should be able to control your emotions.
yes true, emotional control is very important in trading. can even be said to control the emotions that will determine how we will get the results of this forex trading. when we can control the emotions well, I'm sure it will make we can always take the right decisions, and analyze properly. but when he could not control their emotions, it made we can not think well in making decisions, so it most likely will make a loss.
these are reasons to suffer loss and i think the most common reason is greed or not realizing mistakes in previous trades the trader has to overcome these mistakes to get success in forex and the trader should be disciplined in trade
Main reason for loss in forex is that there are many people who do not learn about forex for this they lose in it. So if we wanna do it we have to learn properly about forex.
i think that main reasons for loss is lack of experience and basic knowledge are the main reasons for loss in Forex.so you have to work for improving your trading results step by step without getting under pressure from losses the trader who gets under pressure by some losses start to loss consecutively.
Yes lack of knowledge is one of the reason for losing money in this business. But i think there are lot of reason available which effected on our trading. If we avoid it on day by day then we can easily reduce our losses amount on day by day.Quote:
Originally Posted by samd2k
Many Reasons of Loss But main lost of Forex is, when u hit a bit sale or Buy, please leave 2 or 3 Hourse then
you 2nd buy or sale bit. if you are continue sale or buy. ur are going to loss.
There are various reason for the loss from the forex trading and one of them is opening of many trades at single time due to which the account dont have much more margin for the trading. and ultimately when volatility returns you may get panic due to volatility. so try to avoid such things.
There are many factors of loss in these marketplaces and the factors can be deficiency of proper trading technique , deficiency of tolerance and self-discipline and deficiency of basic knowledge.