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Yes
High leverage. High volume trade is a key factor of burning account.
Not sufficient knowledge about Forex market.
Going with emotional trade.....
Dont hv a strong strategy of trading or dont follow strategy properly......
Following other signal blindly.....
substantial leverage can indeed be a problem if we do not use it properly. With our substantial leverage could open position with a larger lot that can increase our profitability as well as the likelihood to lose as well.Quote:
Originally Posted by mdyeasinkhan
The Lack of money management and aiming to gain more in less time is only due to an urge to become rich in short time. The greed is the main factor behind all this situation and one must overcome this greed factor to stop loosing his trades really !!
If i use only small lot size and put stop loss and take profit, will i make profit?
How can i stop this loss if i open a order and it goes against my prediction within a few second,i mean can i delete the order?
The Low capital , greed reason for lost deposit . most of trader they did not know technical analysis, fundamental analysis , read news, self strategy these are reason for lost deposit . Experience once time gain profit . Best of luck every bodies !!
Trader ke pass jab experience ki kami hoti hai to woh market ka sahi tarike se analysis nahi kar pata hai aur ishi wajay se usko loss ho jata hai. Jaise jaise trader experience gain karta jata hai usko Forex market ko kaise judge karna he woh ache se aajata hai. Emotion aur lake of knowledge bhi trader ko loss karvate hai.
I think the main reason of loss is not practice and lacking of knowledge. many traders trade without knowing and practice. so i think it brings loss on our trade and specially newbies are maximum faced this problem.
Good, all traders would have had such a bad thing, namely the loss. when running trading at first, but all of it is the mindset towards a better future. every experience we get from trading will lead to greater self-development and improvement of the quality of trading
Loss in the forex market is not the end everything for a beginner simply because he learned his mistakesQuote:
Originally Posted by mashbahah
I think even the professional trader loses but deals profit be more loss deals
I think, despite the obvious strategy disposable profit when other people use, but if we no self-control in the transaction result will usually still too severe, not even earned a profit loss is obtained, you should learn to control yourself is very important