General Retail Traders Failure

[soban]

Most of the retail traders don't fail because they have bad trading systems but because they don't know how to manage their money and physcology.

 

[Shinnosuke]

But i think the psychology of trader can depend on their trading system too.
If you have a good trading system and you know every time you enter the market with your system it will give you a high rate of profit then your psychology will be great. And with good trading system you can make a good money management.
So it work both ways I think.
Just my opinion.
Peace.

 

[Charles Agustin]

Falling of retail traders is a common scenerio in Forex. You can lose from the market but don’t try to take revenge on the market because if you do so, you have to suffer in the long run. Revenge trading kills a trader’s profit.