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

Beginner Forex traders often make the mistake of thinking that Forex trading is a quick and easy way to make money. However, the reality is that Forex trading is a complex and challenging activity that requires a deep understanding of market dynamics, a disciplined approach to risk management, and the ability to adapt to rapidly changing market conditions. Unfortunately, many beginner traders lack these essential skills and end up making costly mistakes that lead to significant losses. In order to succeed in Forex trading, it's important to invest in education, develop a solid trading plan, and approach the markets with patience, discipline, and a willingness to learn from both successes and failures.
 
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