Why do 80-90% of beginner Forex traders lose ALL of their money?

Minimum lot size secures trader from great losses other wise new traders had not control on trading they can not manage even risk . If they trade with low lot they can some how remain safe. This is best way to trade after getting skill of trading folr beginners.
 
So many reason as trader they loss and fail in trading, greedy in trading also as big reason why any trader fail, emotion also as one reason why trader being loss and fail, but forex market also sometime move dynamic and unpredictable this also as reason why trader loss
 
At the very begging we get really crazy to earn money without knowing the market properly, Furthermore, each n everyday new traders are being added to the market so they keep doing the same thing ....Now once they learn from their mistakes .... they start practicing perfectly .... So newbies do practice a lot ... every broker has the option to open demo account some brokers give free tutorials .... do spend time on them ....
 
Nothing strange, forex trading need trading experience and skills, such as for lost, newbies will be worried and want to get back asap, but veterans will wait for right time and opportunity.
 
Nothing strange, forex trading need trading experience and skills, such as for lost, newbies will be worried and want to get back asap, but veterans will wait for right time and opportunity.

It is basically because of the mindset of the traders that they get differentiated between being super traders or losers.
 
Minimum lot size secures trader from great losses other wise new traders had not control on trading they can not manage even risk . If they trade with low lot they can some how remain safe. This is best way to trade after getting skill of trading folr beginners.

If one keeps making the same mistakes over and over again the minimum lot size won't save their account - it will just melt away slower but ultimately the trader will still lose their money. That said, one should always be prudent when choosing the lot size, it's just that it's not the only factor in play when it comes to making or losing money.
 
At the very begging we get really crazy to earn money without knowing the market properly, Furthermore, each n everyday new traders are being added to the market so they keep doing the same thing ....Now once they learn from their mistakes .... they start practicing perfectly .... So newbies do practice a lot ... every broker has the option to open demo account some brokers give free tutorials .... do spend time on them ....
And most new traders are focused on earning more money, while they should be focused on minimizing risk instead.
 
And most new traders are focused on earning more money, while they should be focused on minimizing risk instead.

It is true that we have to target our income first in this business but what is more important is that we should also do our trading with minimal amount of risks :)
 
Most of the beginner traders want to earn from very start of their trading career. They look at experienced traders and try to copy them from day one. But its not possible for a newbie to trade like an experienced trader from very start.
 
As there isn't any restriction of trading from any side so anyone can enter in forex market and start making immediate trades. For this reason the number of inexperienced traders is huge. Also many use gambling style in their trading which leads to huge losses.
 
Back
Top