Upoctin Posted April 27, 2021 Share Posted April 27, 2021 Losses in Forex can be due to various reasons such as inefficiency in trading, reliance on signals, trading aimlessly, trading with high risk, lack of trading strategy, lack of self-confidence, etc. Also, not doing market analysis while trading, not doing good money management, not doing proper monitoring while trading can also cause loss. Quote Link to comment Share on other sites More sharing options...
gds221 Posted April 27, 2021 Share Posted April 27, 2021 The reasons may be different, here it is more important to analyze them correctly. This will help prevent a loss for this reason in the future. Quote Link to comment Share on other sites More sharing options...
Fenritilar Posted April 28, 2021 Share Posted April 28, 2021 It seems to me that the main reason I lose in the forex market is that it is not good enough preparation on a demo account, and therefore, when I started trading on Expertoption, I took the opportunity to practice on the free version of the demo account. Quote Link to comment Share on other sites More sharing options...
gds221 Posted April 28, 2021 Share Posted April 28, 2021 I believe that with this you need to be as careful as possible. It should be understood that losses are far from the most pleasant effect from a trader's work. Quote Link to comment Share on other sites More sharing options...
ThomasFernandez Posted May 5, 2021 Share Posted May 5, 2021 From my experience the main causes of losses were entering into live trading to early without proper demo experience and lack of knowledge about forex. Quote Link to comment Share on other sites More sharing options...
Viran Posted May 6, 2021 Share Posted May 6, 2021 I agree with you that the mistake of many is ignoring the demo account, and therefore I am very pleased that the managers of the Amarkets broker suggested to start with it. Quote Link to comment Share on other sites More sharing options...
Rettan Posted May 16, 2021 Share Posted May 16, 2021 If you trade inattentively and do not notice the main thing - situations that can affect you can loss Quote Link to comment Share on other sites More sharing options...
Rainflame Posted May 16, 2021 Share Posted May 16, 2021 Trading too much or too often is the most common reason traders fail. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted May 16, 2021 Share Posted May 16, 2021 The most important reason is that people often simply do not animate their mistakes. A banal analysis of errors could already help many. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted May 17, 2021 Share Posted May 17, 2021 In fact, there are an extremely large number of reasons for receiving losses in this industry, especially if you begin to analyze. Quote Link to comment Share on other sites More sharing options...
boltushkin Posted May 18, 2021 Share Posted May 18, 2021 It seems to me that the main reason I lose in the forex market is that it is not good enough preparation on a demo account, and therefore, when I started trading on Hotforex, I took the opportunity to practice on the free version of the demo account. Quote Link to comment Share on other sites More sharing options...
gds221 Posted May 18, 2021 Share Posted May 18, 2021 I believe that the main reason for traders' losses is self-doubt. Most often, this very reason leads to the fact that the trader makes the wrong decisions. Quote Link to comment Share on other sites More sharing options...
Gidencenti Posted May 19, 2021 Share Posted May 19, 2021 most of it falls on a low-quality broker on which traders are conducted, therefore I advise a reliable and high-quality option with the best conditions - Amakrets Quote Link to comment Share on other sites More sharing options...
gds221 Posted May 20, 2021 Share Posted May 20, 2021 The most common reason for mistakes is that the trader is not sure of his actions. In such cases, traders can often make the wrong decisions. Quote Link to comment Share on other sites More sharing options...
Dora Wi Posted May 20, 2021 Share Posted May 20, 2021 A big percentage of unprofitable traders are going wrong in the area of trading psychology. We have a lot of biases and faulty thought processes as human beings and it is important to be aware of these and notice if your emotions are interfering with the trading process. Quote Link to comment Share on other sites More sharing options...
Monaya Posted May 21, 2021 Share Posted May 21, 2021 Some beginners start their trading and choose a broker's trading accounts, not understanding how to work with them, and it is very convenient, as the Amarkets broker presents all the trading conditions that are registered on its website. Quote Link to comment Share on other sites More sharing options...
e_abrams Posted May 21, 2021 Share Posted May 21, 2021 There are two main factors - trader ignorance and lack of experience and, according to financial regulator statistics, shady, unethical practices by brokers that lead to losses for traders. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted May 21, 2021 Share Posted May 21, 2021 There can be a lot of reasons for losses, it is more important to understand that these reasons should be taken into account and analyzed. Quote Link to comment Share on other sites More sharing options...
jamante Posted May 22, 2021 Share Posted May 22, 2021 there is a lot oor reasons to loose, to many to enumerate to be honest, but lets put it simple as forex trading being a never ending process of learning, every day u learn something new, i have traded 10 years with various brokers, longest with hotforex and i still think i lack a lot and continue to learn Quote Link to comment Share on other sites More sharing options...
Vaabum Posted May 23, 2021 Share Posted May 23, 2021 Basically, the reason for the losses is that traders do not correctly analyze past mistakes and make them again. Quote Link to comment Share on other sites More sharing options...
gds221 Posted May 24, 2021 Share Posted May 24, 2021 The best tutorial for a trader is experience. Only through experience can a trader make the right decisions in the process. Quote Link to comment Share on other sites More sharing options...
Gidencenti Posted May 30, 2021 Share Posted May 30, 2021 this concept can easily be attributed to the naivety of the trader himself as a beginner, because everyone hopes for easy money, which is not here, you can simplify your work only by working with a quality broker, such as Amarkets, an excellent option for both a beginner and an experienced trader, and fast payments will delight you every time Quote Link to comment Share on other sites More sharing options...
Mirinael Posted May 31, 2021 Share Posted May 31, 2021 Study the examples of those who have already made mistakes and what influenced it in order to get around these moments in your trading. Quote Link to comment Share on other sites More sharing options...
Upoctin Posted May 31, 2021 Author Share Posted May 31, 2021 1. Poor forex trading knowledge 2. Lack of good forex trading mindset 3. Poor trading Strategy 4. Trading with greed and emotions 5. Trading in high volumes 6. Trading large lot size 7. Using very high leverages 8. Trading in times of high Market uncertainties 9. Trading in times of high impact news without giving them consideration 10. Revenge trading after getting some series of losses Quote Link to comment Share on other sites More sharing options...
gds221 Posted May 31, 2021 Share Posted May 31, 2021 From my own experience, I can say that before you start working, you need to get enough experience. At least when I started working with a broker from Amarkets, I used the demo mode for this. Quote Link to comment Share on other sites More sharing options...
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