Why in Forex there are so many who lose?

[100c�]

As my opinion 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..

[keset]

because I think the forex business is complicated and need high patience and forexjuga involving money management and good psychology.

[s19]

in my view greed sabse badaa factor hai...
chote chote profit se koi easily khush nahi hotaa trader ko ek hi din me jyda se jyda profit karne ki soch rkhta hai or es karn wo apne rules break krta hai...
me manta hu agar forex me kisi ko 1-2 yr ka experienc hai to wo 10deals me se more then 50% me profit krta hai...but wo 50% lost deal ko recove krne k liye jydaa risk leta hai and result is very bad...he fall in lose

[mayengbam]

A man, hungry and thirsty, stranded in a desert comes a long way and finally finds a pond full of water. what will he do? jump in, to drink the water? or use his hands to collect the water and drink it?

Thats the dilemma every newbie face. its better to drink the water with hands not by jumping into it and finding that its a deep pond which can drown us if we dont know how to swim

[akshayfuriya]

A 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.

[netra]

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

[shahzad0able]

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...