5 Reasons Forex Traders Fail

its a reason but not major at all , the major issue its all about lack of good knowledge and experience.

 

One main reason is emotions

 

Correct, its become a task to choose the right broker these days given the rife of scams at present.

 

most of the people keep short term mentality, as a result they try to bring something more with very rapidly but Forex and success is a long term approach.

 

Absolutely.

 

One of the most strongest reasons certainly. Emotions turn out to be a huge challenge for traders only those who are able to control them can prove to be successful eventually.

 

Could not agree more.

 

Spot on! Add to this the greed of some traders and losing the long term vision.

 

One more reason :

when do you trade forex?


If you traded forex in 2008, you could trade forex blindfolded.
Now you can't.

 

Each time has its own advantage, so you need to use the ones that are now provided to us.