What's new

Why most people fail

3.00 star(s) 1 Vote

Edward Peterson

Active Member
Most individuals don't understand that for forex trading you require incredible learning and capacities. They expect that trading is just acquiring and offering money related measures. They take in some marker based procedures and deduce that it will help them to get rich overnight. They don't attempt to grasp the market and market mind investigate. You can't get accomplishment in case you are not skilled.
 
Nice keep it up. your article will help to the beginner.
On Forex market most of the people fail due to not learn properly or lack of trading knowledge, because education is the backbone in any business. Without acquiring proper trading knowledge you will get difficulties and soon will leave the market. With ForexOne the credible trading platform at first I learn about Forex trading and trading conditions properly from their free demo trading account because it is very useful for learning.
 
Forex Trading is a kind of business where learning and experience plays vital role most of the newbies failed for being impatient and neglect the learning part they jump into direct trading even they have no demo account trading experience nor enough capital.
 
you need a lot of time till the market makes a moves. for human it is not the normal behaivoir to sit and watch the charts so a long time
 
I think that one important mindset is accepting the losses, and not pushing to recover quickly all the money losses. I don't believe on more than 1 rebuy/ or resell. It's dangeerous fighting against de trend
 
Patience is key no doubt learning and patience , sticking to your plan , risk management and market research these all factors are must
 
Most people have failed in forex market because of no knowledge about forex. In spite of that there are so many reasons to fail in the forex market. Some of them are Emotionally trading in the forex market, greediness, lack of knowledge, choosing wrong decisions, choosing wrong broker etc. Most of the traders fail in forex market because of choosing wrong broker. Brokers play an important role in successful trading. I am trading with TP Global FX. They help me to make profit consistently by giving low spreads and high leverage. I love their trading strategy and all facilities they are given.
 
Most individuals don't understand that for forex trading you require incredible learning and capacities. They expect that trading is just acquiring and offering money related measures. They take in some marker based procedures and deduce that it will help them to get rich overnight. They don't attempt to grasp the market and market mind investigate. You can't get accomplishment in case you are not skilled.
Can you recommend a starting point for a beginner trader who wants to learn?
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Users Who Are Viewing This Thread (Total: 1, Members: 0, Guests: 1)

Top
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock    No Thanks