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Why most Lose Trading?
I just want to start a thread on Key factors which lets mostly in losing Trade.
Why a newbie starts losing trade, what are the measures which they must follow it up to be stable if not successful.
I hope much of you will like to share your experiences across for the newbie’s.
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So old man, are you making money consistently? if you do, may be you can share your thoughts. But i do know a lot of traders who trade for years and yet keep losing their money.
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most of the traders in forex trading experience tremendous loss because they lack patience in waiting for a strong signal from the indicator attached. most novice traders comply willfulness to reach a specified target profit themselves daily, making it less cautious trade
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In my experience the main measures of why newbies loss their trading is that they do not take enough education, lack of strategies, lack of time they have spent on Demo account they just become greedy and try a real live account and then they do not know how to trade then they loss.
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i think most loss trading is that if you do any mistake and if you work with very dishonesty. i think if you work with very careless in forex trading then you can get loss and you can make poor. i think if you want to stop loss then you should work good and work with honesty.
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In my opinion, the basic procedures for beginners can be, they do not receive extensive education and training methods, insufficient time has been invested in the law test only be money grubbing and get a real Bill alive after she could not know how the industry's chances will be reduced.
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For reasons that make junior lose the speed and there is no full knowledge and the fear of loss, greed and lack of capital management well
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Most trade take loss because of the lack of perfect knowledge about trading matter. most of the traders does not follow chart pattern, does not know about bollinger band, does not follow time break out.
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i think becoz newbi alyws think and
focus in profit and rush to get it
without experience , lack of patience is the main reaon of loss
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Yeah a lot of new people lose because of lack of knowledge and ideas. But failure is the key to success isn't it?