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Before we have to control the emotions we must have to take the proper trade in the forex market. as most of the traders try to trade with high risk due to which they can easily lose their amount. so ultimately emotions are come at that time and they will lose more.Quote:
Originally Posted by kheya
mujhe bhi yehi lagta hai jo apnay apni post main likh diya hai kyon kay main to aisa hi karta tha jab main new comer tha magar ab itna loss honay kay baad samajh agaye hain kay ye sab chezain har insan kay liye ek had tak kaam karti hain us kay baad ye loss main badal jati hai. aur inexperience to sab se bari waja hai aur traders ko apni limits nahi pata wo chahtay hain kay ek hi month main crore pati ban jain magar ye nahi sochtay kay agar aisa hota to adhi dunya arabpati hoti aur forex band ho chuka hota.
obviously lack of knowledge and over trading with high geed...i think control of excitation is always mandatory ..without any business strategy and proper planing trading is quite impossible ..long lasting in Forex should be the primary concern
In my opinion, the forex traders lose money because they have overexpectation from the forex and they do not understand the risk and managing funds as well. Then they do over trading and greed and impulsiveness overcomes them that results in loss.
I always analyze my mistakes after every loss and try to remove those mistakes that caused the loss. but the main think is money management. its most important factor. If any one open trade with proper analyses with out of money management in this case if price move more pips opposite to their trade then it will lost all his money, and I have an experience with greed, I have add my account doubled in one day only & due to my greed I kept trading till my account decreased to the original capital & I kept more till i had margin call at lastQuote:
Originally Posted by orient
forex traders are loosing their money due to greed of making money and by doing trading without putting stoploss in their trades some traders loosing money in trade because they are trading without proper analysis and knowledge.
e correct reason hai, bahut log money management rules ko break karta hai ise lise bahut nussan hot hai, kabi kabi account to be karab ho jayega.thanks............
Exchanging forex trading, legal agreements pertaining to variances, as well as propagate table bets in margin includes a dangerous involving threat, along with will not be well suited for most people.
Why trader is fall in to the loss in the Forex trading and this is why trader trade and they get their actual profit. But some trader wants more and for this the lack of knowledge ans skill the trader is fall in to loss in the Forex trading.
i think that, many new forex traders fails in forex trading business. Because many peoples joins forex trading business for earn money and more greedy for earn money. So due to greed many new forex traders fails. So, must avoid greed in forex trading.