Why in Forex there are so many who lose?

[midle]

Everyone poorness to get benefit from any trading , but in Forex trading change witticism an great personation. If we cipher the percentage of looser v/s profitee . we module feel 70 to 80 proportion give be newbies.

[tahirjutt]

because everyone want to become rich in 1 day and for this they open big lot size and lose everything , so try to do good money management

yes bro because the main thing is the experience an dthe knowledge about the tradinga nd if any one can be bale to understand this things it will must be fail

[tanujsoni]

lack of knowledge and over confidence causes great losses..sometimes when we trade n gets benifits we feel we r the king all we trade is gonna be benificial for us,its the turning point.

[aandree]

plan is only of value if you actually have the patience and the discipline to follow it. While this can be difficult, it is necessary if you expect to be successful, and it is this very reason why developing a plan prior to the trade is so fundamental

[Berber]

This is because psychological aspects in our business, so that way we should have the capability to keep the business before we have a excellent psychological management because this will somehow create us better at our trade.

[deep1genious]

because everyone want to become rich in 1 day and for this they open big lot size and lose everything , so try to do good money management.

[kalponick]

This is why forex is considered as one of the hardest and toughest market of all.. because making from this market is too much hard for anyone... this is why even expert traders failed to make profit sometimes.. because there are many unprecedented news that can change the course of this market in any given time.. and no one can actually be ready for moves like this..

[Jokowi]

we can prevent our losses with the help of setting stop loss.If we should not use stop loss it means that we trade on all our amount and our full account on risk.But when we use stop loss then there is a limited amount on risk.

Loss is just a part of the learning process. As we continue to learn, we become more perfect and the hope is that we come to a point where we will no more make losses. So I will say loss is a part of trading UNTIL you get a perfect strategy.

[oreoluwa]

you see the main reason why most forex traders do lose in the market is due to the level of greed because in other to be a profitable forex trader we just have to be discipline and a discipline forex trader never trade with fear, never trade with greed and never trade with emotions

[rajakhulna27]

My opinion many traders fail in forex trading because of the lack of proper knowledge, only very few are successful and others lose a lot.To win in forex we need to be skilled and should have extra talent and also hard working. So, forex business is complicated and need high patience and forexjuga involving money management.