Why in Forex there are so many who lose?

[Anas Ashour]

i believe there are a lot of people lose in Forex because they let their feelings and emotions control them like greed and madness and they open big lot beside not using a stop loss and a good money management.

[mohsinzafar3]

In my point of view Forex is a sea which is full of treasure in the middle of the sea and you are on boat. If you will full your boat to collect treasure and you will move to ward shore then you will sink. It is up to you how you will take safely this treasure to the shore. So collect the treasure little little on the boat and move toward shore time by time. conclusion is this if you want to become rich in a night then you loose if you will try little profit time by time then you can survive for long time in the forex..if you learn to manege your money and frmulate the good strategy and plan then forex can be very beneficial for you.

[executor]

I think many traders fail in forex trading because of the lack of proper knowledge. You can not be a good trader over-night. You can not earn huge profits from forex and be rich quick. These are the two main factors that allow the downfall of so many in forex trading. Share your opinions with me...

Many people are interested in the forex business, but many of those who come into forex without knowledge. They are falling one by one. While those who succeed are those who realize that the business skills needed in forex adequate, and they equip themselves with good quality.

[rohankobir]

This simply happens because most people come to Forex with the wrong mindset. They see Forex as a get rich quick opportunity, and they learn the hardest way that Forex is not a get rich scheme. Forex trading is a business and has to be treated like it.

[boniez]

that's the reality of forex and I just want all the newbies know that they will not be stuck on the one where it would make for a trader to be very oriented to profit when in fact very difficult.

[zulfiqarrf]

first of all i dont think that to many people loses in forex according to my knowledge i think the percentage of wining will be 70% and the rest will be of losing but the reason why the lose is that they rushes in to things they dont give things enough time

[yudijoni]

95% of traders are not disciplined and that is why they do not succeed. They always know better than their system, they always know better then what the market is telling them. Be amongst the 5% disciplined traders and I guarantee you will be light years ahead of the crowd.

[heru]

greed and indiscipline is a major cause of failure of a trader in the forex business, even if a trader has a good knowledge about forex analysis, if he was greedy and undisciplined, I think his knowledge about forex will not be useful.

[shepon93]

People loose in forex due to many reasons. I think one major reason is that they trading with out proper money management. If you are trading with out proper money management there is a high chance you will loose soon. Because since the market is highly volatile you may caught up with margin call if you open larger lots or open so many trades.

probably its true less are successful .To become successful in forex high skill should be urbanized in every aspect of forex. Knowledge should be earned at every point when you loss or when you earn profit���..

[saisob1]

This simply happens because most people come to Forex with the wrong mindset. They see Forex as a get rich quick opportunity, and they learn the hardest way that Forex is not a get rich scheme.
Forex trading is a business and has to be treated like it.

Let�s see the most common mistakes that can make you lose your shirt on Forex:
Mistake number 1: Treating Forex as a get rich quick opportunity:
Mistake number 2: Beginners want to achieve great returns on a short period of time:
Mistake number 3: Thinking it�s easy to make money on Forex
Mistake number 4: Thinking you�re smarter than the other traders or smarter than the market:
Mistake number 5: Thinking that you can make money in Forex with no work at all:
Mistake number 6: Using a lousy Forex broker: