Why do so many people blow their accounts on forex?

[halim]

I have similar experience with you. I am about 4 years in my trading experience now, and I cannot really remember how many margin calls I have suffered from. I think mine could be more than 10 times. I have come to get used to the margin call of a thing. My case is usually a case of greed. When I become greedy, despite all the profit I would have made, I easily lose them all to margin calls, because greed will always want me to open multiple positions, trade with a large lot size, even when the trading balance is small.

[suntrung]

They blow their accounts because they are able to stand and be sure of the many levels of informations that we see around as we know for the good chances that we work for there is always a chance that we can be able to level the market with for the good f of every trade, you can start with the trades and strategies already inservice and also be sure of it in a much profund way we need to stand in the different issues

[kenapo]

i think there tend to be so many factors at the rear of people blowing there account is actually because of to the actual fact they do not have any kind of money management and also these people do not adhere to any kind of trading plan and they simply maintain upabout trading and when a few random orders these people blow their own account there are many people blow their account in this business of the forex trading just because they do not know the right way of making money through forex trading, just they heared that there is big money in this business so they started the forex trading.

[BCA]

I think it happens because they feel greed and emotional while trading. And lack of knowledge is also a big reason behind this. Forex si a very risky trading business. In here facing loss is a very common thing. And that traders think that they can make huge profit within a short time. Thus they do over-trade and do trade without any planning. That is the main reason of facing loss and account blow.

[kkkk]

Forex market Mein ak trader ka account wash hota hai ya regular loss hota hai jo forex market Mein knowledge ke bagair trade karte hain yah vah ak Raat Mein hi Amir Banna Chahte Hain forex market Mein. Forex Market to trader greedy krta hai aur over confidence jota hai tou eo matket nai best oreform nahi krta.

[digimon]

Dekhiye sir mujhe lagta h ki Jo log Bina kisi jankari k trading krte h auur ye soch lete h ki koi jaadu ya kuck se wo ameer ya successful ho jayenge is market m to ye kaafi mushkil h bhai sahab..Bina acchi knowledge aur experience ki Agr aap is market m utar rheh to ye waisa hi ki Bina ki b hathiyar k war zone m jana...Tb aaoka Sb Kuch aasani se loot jaata h...yhi karan h ki 90% traders at lelastaona Sb Kuch gawa dete h n unhe milta Kuch b nhi h..toaccha hoga ki pahle Kuch seekh le exp�rience le le taakijyada dikkat na ho aapko...

[kalakuan]

first reason why people's forex account blown lower is actually these people trade while not stop loss and open their own position until profit and some other is actually while not correct forex course or even while not study these people immediate begin to trade upabout reside account and neglate fundamental analysis and make use of higher leverage and take higher risk.. thanks..

[nvidia]

bai saab ji es kam mai bhout se trader apna account loss tabi karte hai jo es kam mai big lots laga dete hai fer wo es kam mai stop loss ko use nai karte hai fer wo es kam mai apni sabi money ko loss kar jate hai bai saab ji forex ek best bussiness hai hum es kam mai acha paisa kama sakte hai bai saab ji forex ek best bussiness hai hum forex mai acha paisa kama sakte hai bai saab ji

[zahid2016]

People who are beginners in forex trading should never trade with little capital. ... Many new traders try to choose a turning point in the currency pair. ... they continue to increase their position to ensure that they will turn around now. ... cling to the idea of being right and ending up with an exploding account. and the first reason why forex accounts explode is that they trade without stop loss and open their positions to profit and others without proper forex courses or without learning they immediately start trading on live accounts and negate fundamental analysis and use high leverage and take high risks.

[Aleena]

By reading your post what I understand is that what if we enter a position based on probabilities and opportunities. Chances are that out of a hundred you can win all or no trades. What if you win all trades? this is gambling. Forex is done with predictions based on several analyzes. Collecting money that way is not a good idea in my opinion. And why did our account explode? because our margins are up, we must pay attention to our money management, don't use a lot when we have less capital. be wise in using your margins, so take care of yourself and try not to destroy your account.