5 Reasons Forex Traders Fail

Discussion in 'Forex' started by Topstep, Jul 23, 2020.

  1. its a reason but not major at all , the major issue its all about lack of good knowledge and experience.
    #31     Aug 21, 2020
    Topstep likes this.
  2. Codrin


    One main reason is emotions
    #32     Aug 31, 2020
  3. Dwayne


    Correct, its become a task to choose the right broker these days given the rife of scams at present.
    #33     Sep 1, 2020
  4. 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.
    #34     Sep 1, 2020
    Topstep likes this.
  5. Topstep


    #35     Sep 1, 2020
  6. tradenet


    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.
    #36     Sep 2, 2020
  7. Codrin


    Could not agree more.
    #37     Sep 4, 2020
  8. Spot on! Add to this the greed of some traders and losing the long term vision.
    #38     Nov 23, 2020
  9. maxinger


    One more reason :

    when do you trade forex?

    If you traded forex in 2008, you could trade forex blindfolded.
    Now you can't.
    #39     Nov 23, 2020
  10. Kajir


    Each time has its own advantage, so you need to use the ones that are now provided to us.
    #40     Nov 23, 2020