budado Posted January 2, 2013 Share Posted January 2, 2013 If we are looking for reason then your like counting stars at night. Theirs no way we can all identify the reason why we fail in forex. But the big question is what we can do to prevent or minimize the effects of this failures. That's why its better we do more practice and more research. It does not solve all the constant problem we encounter in forex but its really help a lot. Quote Link to comment Share on other sites More sharing options...
tirus Posted January 2, 2013 Share Posted January 2, 2013 Its always good to try and know what are the most common reasons that make traders fail because they help others to avoid falling for the same things themselves. Its part of the learning curve that no one should avoid which is why we continuously talk about things emotions for example and how effective manage them. Quote Link to comment Share on other sites More sharing options...
pepy Posted January 4, 2013 Share Posted January 4, 2013 Traders fail for a lot of reasons, and though the main causes are emotions and lack of discipline, that are many others that are annoying. Like for example, some traders fail because they assume that predicting in Forex is guess work, and make it turn into a game of gambling. Then there are those who choose to trade directly on the live account without even using the demo account after doing a little reading. mostly like what you said, but i find few trader that make mistake when predict the price of currency, but that is something that rarely happened unless the market condition is too hard to predict, and so far i don't see any major reason aside from lack of discipline or emotions. Quote Link to comment Share on other sites More sharing options...
chintu Posted January 6, 2013 Share Posted January 6, 2013 The most important aspect in forex trading is the decision making and that plays a very prominent role in making profits with forex business and i am sure that most of the traders will be failing in forex just because they do not take right decision in correct time . Some newbie trader will be failing in forex just because of lack of knowledge . Quote Link to comment Share on other sites More sharing options...
luke1 Posted January 9, 2013 Share Posted January 9, 2013 traders fail and always suffer loss because they try to control the market. they want the market move suits with their expectation while its impossible to expect it will be happen. traders need to beat their self first and not expect that the market will always give them win. if traders still feel that some of consecutive loss will wrecked their life and one win make them happy like children got 100 bucks from their parent, that mean their success is still far far away. Well, it is not easy to try controlling the market here. Only big players and like governments can do the effect to control the market here. But, the correct thing can be, many traders try to fight against the market. Not following the market trend, not following the big players Quote Link to comment Share on other sites More sharing options...
tirus Posted January 9, 2013 Share Posted January 9, 2013 The most important aspect in forex trading is the decision making and that plays a very prominent role in making profits with forex business and i am sure that most of the traders will be failing in forex just because they do not take right decision in correct time . Some newbie trader will be failing in forex just because of lack of knowledge . So this means that the reason for failure then boils down to lack of knowledge and experience. You have cited beginners as an example and for them its because they are still new in the environment and dont know yet what to do in order to make profitable trades as they are still learning. Quote Link to comment Share on other sites More sharing options...
chintu Posted January 11, 2013 Share Posted January 11, 2013 The most commonly find fault about forex is most of the people will be thinking forex as a money making machine so they just enter with a excitement of earning a huge cash with in a short period of time but when they come to the reality of trading they will getting fear of loosing and that is the reason some of the traders will be loosing . and i can say that emotions will make the traders loos money easily . Quote Link to comment Share on other sites More sharing options...
willy Posted January 14, 2013 Share Posted January 14, 2013 The reason make me faild always is the scalping and enter the trade with high risky and high lots and i did not learn from my mistakes i always trading with scalping with indicators but now i choose good digital strtegy and depending on it Quote Link to comment Share on other sites More sharing options...
PROPENSITY100 Posted February 11, 2013 Share Posted February 11, 2013 To become a successful trader is not a child's play and one needs to concentrate on many things like discipline, control over greed, proper learning and practice, experience, Avoiding too much trading etc and if any of these is not taken care of we may land into losses. Quote Link to comment Share on other sites More sharing options...
rexway Posted February 12, 2013 Share Posted February 12, 2013 Lack of knowledge and in adequate skills is the reason why the failure do happen here so the best thing is just that we need to try our best and make sure that we learn after the learning process I will just tell you that you will be on the safe side to trade Quote Link to comment Share on other sites More sharing options...
euro Posted October 2, 2013 Share Posted October 2, 2013 Traders lose cause they lack knowledge, are new and lack experiences and do not have a firm grasp on the finance world. Once you have knowledge, develop experiences and have a strong understanding of fundamentals, you're better at trading and will make more money. That is just how it is unless you lack willpower and gamble with your trades and trade blindly like a gambler and trade in a bad environment. You will need to be a very skillful and experienced trader in order to not lose money. The more you know the more you earn. Quote Link to comment Share on other sites More sharing options...
Decub Posted January 19, 2014 Share Posted January 19, 2014 The major reason traders fail is just because of lack of knowledge or quite some inadequate knowledge. When the trader is not having enough trading knowledge and sufficient skills to trade, he is bound to fail. Half baked knowledge can just be very injurious in the live of any trader. Quote Link to comment Share on other sites More sharing options...
adil007 Posted January 25, 2014 Share Posted January 25, 2014 I think that there are many reasons why forex traders fail in their trading, perhaps the most important one is lack of knowledge as well as practice, many traders especially the teenagers want to make some quick cash and without learning/practicing properly in demo account they go for live trading and that is why they suffer loss because of their greed for fast money. Quote Link to comment Share on other sites More sharing options...
standart Posted January 29, 2014 Share Posted January 29, 2014 market really dangerous and lead traders to get loss result. however, the risk will be reduce when traders know how to implement the strategy in discipline attitude. major failure happen due to inability of traders being patient and discipline to follow the strategy and plan rules. Quote Link to comment Share on other sites More sharing options...
adil007 Posted January 29, 2014 Share Posted January 29, 2014 market really dangerous and lead traders to get loss result. however, the risk will be reduce when traders know how to implement the strategy in discipline attitude. major failure happen due to inability of traders being patient and discipline to follow the strategy and plan rules. Yes if we do not put this thing into consideration that forex trading market is very risky it would greatly affect our trading and might bring us loss as well, so we must there move with a proper strategy if we want to survive in the forex market and not let our emotions interfere with our mind as well. Quote Link to comment Share on other sites More sharing options...
surya77 Posted February 8, 2014 Share Posted February 8, 2014 because they not have ggod trading skill(not work how for build good trading system, analysis skill) and money management is not important for their like how to use stop loss and take profit. Quote Link to comment Share on other sites More sharing options...
forexlover Posted February 11, 2014 Share Posted February 11, 2014 I think that many forex trader fails in forex feild because they have no knowledge of forex business. And they are also not try to learn knowledge of forex. According to me we can only win profit in forex by knowledge and experience. Quote Link to comment Share on other sites More sharing options...
Decub Posted February 11, 2014 Share Posted February 11, 2014 If a trader fails to learn how to trade, he only succeeds in learning how to fail. Other reasons traders fail from Forex is that they set a very high target for themselves. They want to make the whole money they need to make within a very short period of time and it only ends up making them very greedy. Trading is not a get rich quick thing. It requires more time to become successful. Quote Link to comment Share on other sites More sharing options...
waseemilyas Posted February 12, 2014 Share Posted February 12, 2014 The trader are in over confidence and they never note down their mistake to avoid in next time they just try to earn more with out any knowledge its really wrong first know about forex fails reson and avoid next time to avoid loss i think its main reason. Quote Link to comment Share on other sites More sharing options...
tray22 Posted February 22, 2014 Share Posted February 22, 2014 Failure is inevictable when its come to forex trading there is no way which you are going to hide here that is why i love learning its through learning and understanding which will limit your level of failure here Quote Link to comment Share on other sites More sharing options...
Stekin Posted March 7, 2014 Share Posted March 7, 2014 If traders who are trading in the forex market are trading with emotions, they will fail. Emotional trading is a bad thing that makes the traders to fail. When he or she is trading with greediness, it will make him or her to trade without good risk management. This thing lead so many traders to losses and they finally lose their money to trading. Quote Link to comment Share on other sites More sharing options...
waseemilyas Posted April 16, 2014 Share Posted April 16, 2014 The primary rationale powering the fall or failure of a lot of the committed to Forex traders due to the fact Il inexperience and insufficient training and Discovering and Furthermore because of the greed inside of a For added gains . Quote Link to comment Share on other sites More sharing options...
kaito kid Posted April 16, 2014 Share Posted April 16, 2014 Many traders lose money in forex out of lack of knowledge and greed. They lack the principle of risk management thereby using a big lot size to enter the market while they have a small balance. For eg: they use a lot size of 1 when they have only $100 as their capital. but for maximize our capability, we can use $5 cash rewards from FBS Quote Link to comment Share on other sites More sharing options...
Decub Posted April 16, 2014 Share Posted April 16, 2014 When a trader wants to make the whole profit he should make over a period of time in one day, he is bound to fail and it will only take a saving grace for him to learn again. Trading in Forex is quite a very difficult task and it is also something the trader must be very cautious of in other not to join the league of those who easily quit. Quote Link to comment Share on other sites More sharing options...
waseemilyas Posted April 17, 2014 Share Posted April 17, 2014 This is true that just one specific must be superior in money administration and likelihood administration to achieve forex buying and selling, other Assume you mustn't be worried to e reserve losses considering the fact that They can be often in forex. Quote Link to comment Share on other sites More sharing options...
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