98 % of 4X traders lose money - Why?

[EURUSD]

Most of the traders loose their investment in this field due to the low experience and hurry in making profits. They try to get high profits at initial stages , it is not possible to double money in just one jump . It is the main reason of doing loss.

Yes, you're right. Mostly traders lose their first investment in this business because they got wrong information about forex. Many people thought that forex is quick way to make money business and then they got loss in here because they didn't care with the risk in the transaction in order to gain big profit directly in this business. Good traders must consider proper money management in each transaction no matter how good his analysis is. No one can know what will happen in the future so it is important to make preparation for the worst which can happen.

 

[downtrend]

Most of newbie traders think forex as a very easy job. So they immediately invest in their real account and try to double it in little time. This leads to loss and losing number of traders increases.

 

[Whitesnake]

There are more number of failures in the forex market than the successful forex traders for the fact that they are either weak in knowledge or their management skills, because of which they lose all their hard earned money to the forex market. Having a winning strategy is the only go for perfect win.

 

[iMusingKiMi]

Due to delusion and human born nature to be right. Usually, human being never wanna be the wrong side, that's the secret.

 

[nahiyar]

Success ratio in forex is low more than 70% people loose their money in forex. There are many reasons for their failure . First of all lack of knowledge and trading experience counts a lot than other factors like greed and hurry to get profits pay their role .

 

[downtrend]

Success ratio in forex is low more than 70% people loose their money in forex. There are many reasons for their failure . First of all lack of knowledge and trading experience counts a lot than other factors like greed and hurry to get profits pay their role .

People don't spend enough time in learning proper trading. This is why they lose money. Many just enter forex market and try to start directly with their real account and try to earn money as well.

 

[iMusingKiMi]

Success ratio in forex is low more than 70% people loose their money in forex. There are many reasons for their failure . First of all lack of knowledge and trading experience counts a lot than other factors like greed and hurry to get profits pay their role .

Lack of knowledge is one of the important factor, but a lot of people doesn't know how important when those emotions kicks in during trading session such as fear of being wrong side of market. In fact, many people does not realize that trading is a probability figures game instead of having a holy grail system that can make profit of pips everyday.

 

[EURUSD]

Lack of knowledge is one of the important factor, but a lot of people doesn't know how important when those emotions kicks in during trading session such as fear of being wrong side of market. In fact, many people does not realize that trading is a probability figures game instead of having a holy grail system that can make profit of pips everyday.

It is right, lack of knowledge is usually the reason why mostly traders lost in trading but having a lot of knowledge won't guarantee traders to be successful in trading. Practice is important thing to improve trader's skill of trading and capability to determine proper money management and risk management in trading. No matter how good trader's ability in making analysis, there is still possibility to make mistake and suffer loss. So, the key is proper money management and risk management which will prevent big losses.

 

[downtrend]

The losing percentage of traders is very high, the main reason is that traders don't have any plan for trading and they start trading with very less real knowledge of the market.

 

[Froso@FXNET]

The losing percentage of traders is very high, the main reason is that traders don't have any plan for trading and they start trading with very less real knowledge of the market.

Yes , i think so . there are a lot of people who still has poor in skill but be over confidence to trade in forex market while the result of demo account not have stable . sure their system still not mature and less understading about how managing the risk during trading