1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

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

Discussion in 'Beginners Bootcamp' started by cowmadagan, Jan 12, 2010.

  1. carnelian

    carnelian Private

    Joined:
    Jun 24, 2015
    Messages:
    171
    Likes Received:
    7
    It is not happens with all traders that they loose all their money . Some are very careful they do real trading after a lot of practice on demo . They also loose but they find reasons of loss and overcome their mistakes soon.
     
  2. carnelian

    carnelian Private

    Joined:
    Jun 24, 2015
    Messages:
    171
    Likes Received:
    7
    It is not happens with all traders that they loose all their money . Some are very careful they do real trading after a lot of practice on demo . They also loose but they find reasons of loss and overcome their mistakes soon.
     
  3. EURUSD

    EURUSD Sergeant Major

    Joined:
    Mar 3, 2015
    Messages:
    1,120
    Likes Received:
    43
    Yes it's also depending with each trader personality, which there are some trader that work carefully to start on this business and there are some trader that rush because want to making quick money, for trader that move carefully will using demo account until they sure with skill trading.
     
  4. ItsToday

    ItsToday Recruit

    Joined:
    Dec 10, 2016
    Messages:
    14
    Likes Received:
    0
    To be honest I think 99.9999% of traders end up losing their money eventually. I don't know of a single trader who can prove that they are making money. Some have good myfxbook accounts but if you wait 6 months their accounts always crash
     
  5. TaniaIslaam

    TaniaIslaam Private

    Joined:
    Mar 2, 2017
    Messages:
    20
    Likes Received:
    4
    Firstly, there is absolutely no confirmation of this years, it has been heard and written for years with really no real deal to it. However, I do believe majority are not in positive zone as per profit making is concern. The most common issue is that most people take it as pass time stuff, so if they succeed then only they try it seriously or else just run away with losing out money. So if we take it seriously then only we will work it out.
     
  6. Winjak

    Winjak Suspicious Person

    Joined:
    Jan 31, 2017
    Messages:
    19
    Likes Received:
    0
    Well, I think that bonuses can't influence your trading strategy and you'd earn nothing without it, sounds like gambling :)
     
  7. alextrader79

    alextrader79 Suspicious Person

    Joined:
    Jan 26, 2017
    Messages:
    307
    Likes Received:
    7
    Right, I can't get it too, people will just lose this equity :) Won't they?
     
  8. bigdolly

    bigdolly Sergeant Major

    Joined:
    Oct 21, 2013
    Messages:
    773
    Likes Received:
    51
    I think you will soon move to spam section with your posts. Abusing forum and posting advertising where its not allowed are not welcomed here.
     
  9. kingsman

    kingsman Corporal

    Joined:
    Sep 3, 2015
    Messages:
    162
    Likes Received:
    8
    As concern to me, the major reason due to which most of the newbies / beginners getting huge loss and that reason is that beginners start this business with out having awareness and knowledge they think that it is easy business, so such kind of people lost their whole amount.
     
  10. nahiyar

    nahiyar Private, 1st Class

    Joined:
    Jul 30, 2011
    Messages:
    680
    Likes Received:
    35
    Yes you can make this business easy for you if had patience . Go with proper channel first get awareness of all about trading then do practice of trading . If one loose in starting of forex it is nothing strange he will learn with his mistakes and improve trading as overcome these weaknesses.
     

Share This Page