What are the main causes of loss in Forex?

[joemcgwa]

The main causes of loss from a forex trading is happened mostly when a trader are using high leverage and doesn't set a stop loss limit, but apart from that losses comes from lack of knowledge.

[Beagra]

As for me, losses sometimes occur due to the fact that we do not know how to properly analyze the market and its impact on trading, which is why I often go through the forest with analytical reviews from the broker Amarkets.

[Fenritilar]

Not being able to focus on porcelain and glowing with important aspects gives a negative result.

[Gidencenti]

the most important reasons are a lack of experience and knowledge, and working with the wrong broker, it is at these moments that traders drain their money

[gds221]

Unfortunately, traders have a lot of reasons for mistakes. It is more important here that traders correctly analyze them and draw the right conclusions.

[Vaabum]

Most often - a lack of experience and greed, a desire to earn more.

[Andrae]

From my experience I would say lack of forex knowledge and live trading experience is one of the main causes for loss in forex.

As a newbie many traders tend to trade with a real account without gaining proper knowledge and invest higher capital which later blow up their entire account.

[Vaabum]

The main thing is to analyze the cause of the losses and try to prevent this from happening again.

[FXOpen Trader]

On 12/10/2021 at 10:59 PM, Vaabum said:

The main thing is to analyze the cause of the losses and try to prevent this from happening again.

We will need to sue such kind of a Trading system that can bring down the Losses from the markets.

[Harvey]

The main reason for losses in forex is due to lack of knowledge and trading experience. 
 

[Vaabum]

To prevent damages, I initially worked on the demo account with a Broker from Amarkets. This allowed me to get enough experience to work.

[Harvey]

It is mostly because of lack of knowledge about forex trading and most beginner traders rush into scalping because its one of the quickest methods to earn profit and end up blowing their accounts due to lack of basic trading experience.

[Vaabum]

In fact, there may be more than enough reasons. To solve most of them, I advise you to pay attention to work experience.

[bigxy]

4 hours ago, Harvey said:

It is mostly because of lack of knowledge about forex trading and most beginner traders rush into scalping because its one of the quickest methods to earn profit and end up blowing their accounts due to lack of basic trading experience.

Seriously i wish there should be some academic courses related to the forex trading because it is much needed in my opinion.

[Vaabum]

Most often - gaps in knowledge. As silly as it may sound, traders often do just that.

[FXOpen Trader]

On 1/23/2022 at 12:15 AM, Vaabum said:

Most often - gaps in knowledge. As silly as it may sound, traders often do just that.

When we are getting the losses in our trades we will need to learn how to protect them.

[James Mcgrant]

The most common cause of loss in forex is rushing into trading without any proper knowledge or trading experience. For example, scalping is one of the quickest methods to earn a profit.

And many newbies rush into it without a proper strategy and end up blowing their accounts. Some traders even give up trading after that.

[bigxy]

Yes rushing into investing in forex trading without any prior knowledge is because every new trader has a mind set that they have to push some buttons like in casino to double their money whereas in actual it is not like the same.

[Vaabum]

Most often - the mistakes of traders. In my opinion, this is what should be paid attention to in order not to receive losses.

[FXOpen Trader]

On 2/19/2022 at 1:58 AM, Vaabum said:

Most often - the mistakes of traders. In my opinion, this is what should be paid attention to in order not to receive losses.

The losses that we are getting from our trading will need to be reduced by us so that we can gain the Profits.

[Vaabum]

Most often - lack of experience. Unfortunately, this is what most often leads to errors and, as a result, to losses.

[Upoctin]

FX is one of the largest markets in the world. Traders in this market are aware of the high level of risk that is in the market, which can easily cause a trader to lose his capital if enough precaution is not taken by the trader. There is a belief that traders lose more money than they make in the forex market, but this is mainly true for novice traders and experienced traders who have been in the market for a long time. Successful traders practice the right way to trade. 

[boltushkin]

In my view one of the reasons why traders lose is wrong perception how difficult is trading. Some newbies think that they are lucky and will be able to make money fast but unfortunately this is the way straight to deposit wipe out. I trade very slowly and carefully with Hotforex, increasing lot size and setting stop loss strictly according to my trading plan. 

[Hudson]

Though there are many reasons for losing in forex, the main reason is a lack of experience and knowledge.

[Vaabum]

More often, the reason is that the trader is simply not ready for such situations and may not have the necessary