Why we lose money

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Edward Peterson

Active Member

• Jul 26, 2019

• #1

As a matter of fact, a significant number of us need to acquire colossal cash by Forex without learning. In any case, it can't be conceivable by any stretch of the imagination. In my trading life I lost huge of cash in Forex as an amateur since I had insufficient information to make benefit.

 

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Juan569

New Member

• Jul 28, 2019

• #2

The problem also lies in the fact that as a trader we do not have much study about risk management, trading is better to see it as a business and trying to have a daily plan to follow with it will avoid large losses and constant profits. .. Risk management is the key to success.

Here a good article about Forex Risk Management: https://admiralmarkets.com/education/articles/forex-basics/forex-risk-management

 

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Ahmadov

New Member

• Aug 3, 2019

• #3

Entering without studying and not using money management

 

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Mike989898

New Member

• Aug 9, 2019

• #4

Risk management or money management is the key for success in fx trading. Correct.

 

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bacotico

New Member

• Aug 13, 2019

• #5

my best issue was managment my feelings, and learn that hit SL is part of these

 

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Julmar

Member

• Aug 14, 2019

• #6

bacotico said:

my best issue was managment my feelings, and learn that hit SL is part of these

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Yeah mine too. When you get over that your SL is a hard stop for your mind then its also for your position...
First to learn is: Dont try to calculate your earnings, before your calculate your risk first. Means: CRR is 1, 10 pips SL and 10 pips TP. Calculate your risks on your trades...

 

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Jesse Breaker

New Member

• Aug 15, 2019

• #7

i think money management is one of the most important things

 

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Ogbole

New Member

• Aug 15, 2019

• #8

new to forex trading and i hear a lot of traders do not make it. However i see a lot of newbees enter the business without any experience. Who starts in constructing buildings without training? Its a sure recipe for disaster

 

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Ogbole

New Member

• Aug 16, 2019

• #9

Edward Peterson said:

As a matter of fact, a significant number of us need to acquire colossal cash by Forex without learning. In any case, it can't be conceivable by any stretch of the imagination. In my trading life I lost huge of cash in Forex as an amateur since I had insufficient information to make benefit.

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ON Further reflections, it would appear that the money people loose is the same cash others are making. Just like energy is neither destroyed nor created, but transformed. Does this make sense? Overall profit in the system = overall losses

 

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mlawson71

Well-Known Member

• Aug 21, 2019

• #10

People lose money in forex for two reasons - either because they don't know how to trade or because of scammers, who are ubiquitous in this business.

 

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Wikus

Member

• Aug 31, 2019

• #11

Consider the losses as paying success tax, without it you will not reach new capabilites.

 

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AvesDiter

New Member

• Sep 5, 2019

• #12

I think Toyota owns at least 20 of Subaru anyways so this isnt really a one model deal and they make money off all Subaru sales.

Question I have is this boxer motor EJ-based? Swap potential?

 

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João Marques Santos

New Member

• Sep 5, 2019

• #13

Edward Peterson said:

As a matter of fact, a significant number of us need to acquire colossal cash by Forex without learning. In any case, it can't be conceivable by any stretch of the imagination. In my trading life I lost huge of cash in Forex as an amateur since I had insufficient information to make benefit.

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I agree.