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

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

  1. downtrend

    downtrend Sergeant

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    When we are going to trade without proper awareness how can we hope for best . Forex will show its risks effects. Beginners need more care learning and passion. They should do trading not for quick profits but for getting experience that will count in future.
     
    Etedus12 likes this.
  2. Qasim waqar

    Qasim waqar Private, 1st Class

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    Any one who do not acts upon rules not make a plan can loose his amount. In beginners ratio of loss is high because they are in a process of learning .After learning they will find how to handle with loss. Less knowledge and practice is main cause of their loss.
     
  3. Etedus12

    Etedus12 Corporal

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    Also what do you mean by loosing all their money ? I just do not get to it's full potential. We all start trading as a newbies and usually doing so with a bit of potential earning and start playing with all that with few spared hundreds and that's it. So be like that at a first;)
     

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