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Reasons for loss
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Old 04-30-2014, 04:20 AM
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Lisa P is on a distinguished road
I know this topic many and many people discuss it ,but i have other point of view and other reasons why we may loss our money
1)All forex traders, and we mean all traders LOSE money on trades
Ninety percent of traders lose money, largely due to lack of planning and training and having poor money management rules
2)Trading forex is not for the unemployed, those on low incomes, or who can't afford to pay their electricity bill or afford to eat
3)Forex trading is a SKILL that takes TIME to learn.
4)Do NOT open a live trading account until you are trading PROFITABLY on a demo account.
i hope if i said other point of view and if any one has any new reasons please share it with us
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Old 05-02-2014, 09:32 AM
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many reasons why traders suffered loss. lack of knowledge and trading skills bain and have bad psychology is one of the many reasons many traders that loss. for it, before trading real money account, make sure we have the skills and knowledge that a good trading loss can be minimized by good
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Old 01-02-2017, 11:42 AM
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Moslem Musulli is on a distinguished road
Low trading knowledge and experience is mainly responsible, and there have so many issues like greed, emotions and over trading as well! I have only one year trading experience, but right now I earning more than 50% monthly profit here, yeah I get handsome monthly return by using copy trading service of TradingBanks, its reliable to use and profitable too!
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Old 01-05-2017, 10:08 AM
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One of the main reason of earning loss in forex is having lack of patience. Also traders have a misconception that a vague knowledge about market is also sufficient to succeed here.
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Old 01-06-2017, 09:07 AM
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One reason is over trading without any logic or management. I have seen people who are continue with over trading, like they trade daily for 3 or 4 times. I dont understand why to trade many numbers of time.
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Old 01-10-2017, 02:27 AM
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Sometimes, it’s more about lack of experience and knowledge than anything else, it’s understandable that we see often people getting scammed by broker, but there are many cases with traders on their own fault as well. So, we need to be good at understanding these things. Firstly, I always like to be with broker that I can trust and rely upon; it’s why I go for OctaFX only, as they just that type. You don’t need to be much worried with them, as they are very special and I really mean very! Been regulated plus a worldwide recognized company servicing in over 170 countries, I feel comfort and rest, I always trade with good plans, so all this keeps trading working nicely for me!
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Old 01-11-2017, 06:36 AM
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Forex is for Skilled people who are knowledgeable and matured enough to understand the risk of this business. Loss is part of every business but we should be careful next time when we start trading again after losing.
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