did not realize the mistake was the worst thing for a trader, because if it had been aware of the error, then we will try to avoid the same mistakes.
Printable View
did not realize the mistake was the worst thing for a trader, because if it had been aware of the error, then we will try to avoid the same mistakes.
main reason of loss is because they dont know why the market moves, why the market become volatile or sideway, they dont know about the behaviour of the pair which they use to trade
Very good points listed by you. These are some of the main reason why most of the traders lose more money to the forex market. It is just not essential to have trading and market analyzing skills alone. We should also know to manage the account more efficiently with the implementation of right money and risk management in each of the trade executed by us.
The ideal thing when we plan a trade, is to prepare all supporting factors optimally. We need enough capital, so we do not force ourselves to chase big profits. Because of the desire to achieve big profits, must be adapted to how much capital we have. They are often lost, because it uses little capital, but determined to earn a high income, thus ignoring the risk factors.
new trader loss their money because they use a high lot size in all trades and do not trade with a solid trading plane.main reason is less learning about forex market and less knowledge about forex market.
The reasons of losses in Forex trading are more. Because of lacking essential merits and knowledge people become loser in Forex. Forex is a systematic way to earn and also to learn. So people might not always try to understand it properly rather being greedy to earn and thus they fail to gain success.
THE main reason of lose is lack of confidence through which you have the fear of lose and don't take any type of risk in trade and the second one greediness which is more harmful..