William Barnes
Banned
- Messages
- 75
As we all know that no one can track one reason for failure in forex market. The reasons can be many. But while discussing with various members of this forum I have found some common reasons and they are given below:
1. Not working with a reliable, trusted and regulated trading platform.
2. Not working with appropriate broker as per a trader’s own trading requirements.
3. Lack of proper skills, knowledge, aptitude about financial market and forex trading.
4. Lack of maturity regarding doing trades in decentralized market.
5. Moreover lack of patience, hard work and perseverance can have serious impact on failure.
6. Not taking demo trading accounts seriously and thereby learning remains incomplete.
7. Last but not the list, lack of proper risk management and money management.
1. Not working with a reliable, trusted and regulated trading platform.
2. Not working with appropriate broker as per a trader’s own trading requirements.
3. Lack of proper skills, knowledge, aptitude about financial market and forex trading.
4. Lack of maturity regarding doing trades in decentralized market.
5. Moreover lack of patience, hard work and perseverance can have serious impact on failure.
6. Not taking demo trading accounts seriously and thereby learning remains incomplete.
7. Last but not the list, lack of proper risk management and money management.