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It's essential to management feelings so we could shift like our software system which we have ready before. There are many investors who missing in currency dealing because they couldn't management feelings well and they are too rush to create choice.
I agree, my friend what you said, and i add:
The main reasons, in my view of the loss is inexperience and greed, Especially for beginners who think that Forex Trading Commission or ATM to withdraw money from it, Forex Trading forgetting that art and merchant must learn and master so that they can control.
The Good and the Bad
We already have mentioned that factors such as the size, volatility and global structure of the foreign exchange market have all contributed to its rapid success.
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Given the highly liquid nature of this market, investors are able to place extremely large trades without affecting any given exchange rate.
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These large positions are made available to forex traders because of the low margin requirements used by the majority of the industry's brokers.
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For example, it is possible for a trader to control a position of US$100,000 by putting down as little as US$1,000 up front and borrowing the remainder from his or her forex broker.[COLOR="Silver"]
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This amount of leverage acts as a double-edged sword because investors can realize large gains when rates make a small favorable change, but they also run the risk of a massive loss when the rates move against them.
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Despite the foreign exchange risks, the amount of leverage available in the forex market is what makes it attractive for many speculators.[COLOR="Silver"]
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The currency market is also the only market that is truly open 24 hours a day with decent liquidity throughout the day.
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For traders who may have a day job or just a busy schedule, it is an optimal market to trade in.
There are many ways in the face of loss because we can not avoid. Although profit definite desire, an error in the transaction happen. Loss after loss always look dihistory. It all indicates losses to trade forex is always there, and maybe until you become a master though, loss will always follow.
it is true most of us lose in this trade because they can not control the emotions that arise greed, and usually not disciplined in trading fatal in our account and therefore have a lot to loseQuote:
Originally Posted by yogesh
As you can see from the chart below, the major trading hubs are spread throughout many different time zones, eliminating the need to wait for an opening or closing bell.
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As the U.S. trading closes, other markets in the East are opening, making it possible to trade at any time during the day.
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Time Zone Time (ET)
Tokyo Open 7:00 pm
Tokyo Close 4:00 am
London Open 3:00 am
London Close 12:00 pm
New York Open 8:00 am
New York Close 5:00 pm
I am agree with you that many reasons of loss in these markets and the reasons can be lack of proper trading strategy , lack of patience and discipline and lack of basic knowledge.
While the forex market may offer more excitement to the investor, the risks are also higher in comparison to trading equities.
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The ultra-high leverage of the forex market means that huge gains can quickly turn to damaging losses and can wipe out the majority of your account in a matter of minutes.
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This is important for all new traders to understand, because in the forex market - due to the large amount of money involved and the number of players - traders will react quickly to information released into the market, leading to sharp moves in the price of the currency pair.
Main reasons for loss in trading is you don't have proper knowledge , not practices in demo trading account not use stop loss and take profit . not follow all the rule and regulation etc.
Though currencies don't tend to move as sharply as equities on a percentage basis (where a company's stock can lose a large portion of its value in a matter of minutes after a bad announcement), it is the leverage in the spot market that creates the volatility.
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For example, if you are using 100:1 leverage on $1,000 invested, you control $100,000 in capital.