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Why do you think people are scared of investing in forex?

Discussion in 'General Forex Talk' started by galaxytrades, Apr 24, 2013.

  1. bax699

    bax699 Private

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    Thats correct, although correct money management can still be used when you have a high leverage account. So really its only greed that takes over when they over leverage on purpose, or unless they literally have no idea what theyre doing
     
  2. Olieng38

    Olieng38 Private, 1st Class

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    Those who fear trading forex mostly give the reason of the high percentage of losers in the market. However, I believe that like in any other business, you can win or lose, depending on how good or bad your trading strategy is. Those who stick around and have the patience to learn are making it big our there through forex. But those who come in thinking they can become rich quickly can't survive the pressure
     
    bax699 likes this.
  3. bax699

    bax699 Private

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    Totally agree with this
     
  4. TrapLok

    TrapLok Recruit

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    I think that people are just afraid that they will lose their money on this market. Other side of story is this feeling that you are not successful or simply looser. Nobody likes this feeling and not all people are ready to cope with it, which is main obstacle for them to become successful traders
     
  5. AndrewBlack

    AndrewBlack Recruit

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    Fear. It is the main reason. Fear of losing money. Fear of being scammed. Fear of feeling like a loser. Some people just don't understand how it works and what could happen if they invest.
     
  6. SanioTire

    SanioTire Recruit

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    We would all agree that there are fears based on various reasons on this market. However, when you get familiar with the roots of that same fear, it suddenly disappears. Eventually, this is the only path to beat all your fears on this market and make excellent results
     
: galaxytrades

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