Reasons for failure to trade
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Thread: Reasons for failure to trade

  1. #1
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    Reasons for failure to trade

    Reasons for failure to trade

    In case you're reading these ten points your theory about forex will change and find a solution to the problems you are directing Have you ever wondered why so few traders are working in the forex market while 90% fail to achieve success? The following are 10 main reasons:

    1. Find easy and fast money
    It must be stressed that Forex trading does not have a quick plan to get the money. Achieving a consistent and profitable forex trading results is difficult. It requires the teaching of forex trading, patience, discipline, control of passion, etc. until you get success in the world of Forex trading.

    2. Find the Hard system
    Many people have asked me, "What is the best forex trading system?" The answer is that there are no such trade regimes in the currency trade. Many forex traders spend years trying to find a fixed foreign currency trading system, but they fail to find one. The main reason is the changes in the forex market every moment.

    3. Insufficient proper education
    One of the reasons for the failure of forex traders is that they do not have adequate education. Some people who came to the forex trade did not open any FX book or even try to educate themselves about currency trading. You need to have some forex training through forex courses, foreign currency trading systems and then a teacher helps you train properly.

    4. Lack of discipline
    Discipline is very important in forex trading that it will reward you by accumulating your profits if you stick to it, and you can convert your forex trading account into something when it lacks it.

    5. Lack of patience
    Forex traders always follow the prices because they don't want to lose any golden opportunity. In forex trading, there is no such thing as golden opportunity for me because all FX trading devices are equally important.

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  2. #2
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    Lack of discipline is the one actually being what most of us are suffering from, if we don't have the discipline it becomes so much hard to make money and become successful in the market. Because when you are not discipline then you will start trading on the real account without learning the way to trade on the demo account, which is the reason why the so much traders are failing in the business.

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  3. #3
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    The attitude of heaping blame on someone being the reason for our bad trading decisions is one reason why some traders are failing in their trade.Then the act of wasting precious time thinking we can find a better trading opportunity is another reason for failure because this market is always risky and there are no less risky times to trade and make money.

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  4. #4
    Trader ara's Avatar
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    I agree to all the points mentioned by the thread starter, basically everyone who started this business has high hopes of being able to succeed easily and quickly in the forex market, as we know that trading in forex market seems like a very easy thing as easy as buy and sell, yes .... almost all newbies feel that making profit in forex trading is easy when they start on the first trade in forex, but then.... they find a horror situation that makes their money gone very quickly. I think all traders have the same experience as that.

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  5. #5
    Trader ict2014's Avatar
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    I see the reason of failure is well known to the maximum trader. We are always crying learning and learning. Problem not in learning, our main problem weak determination and a bad attitude for this reason emotion conduct us that is why our performance not getting changes. We should be self-promised to do fulfill our commitment then success comes to close as far I know.

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    bro you are telling absolutely correct 80% of trader find shortest way to gain profit and does not spend much time in the education how ever they donot have any patience in the profit and loss how ever that type of trader always loss their money and washed their account :)

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  7. #7
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    I agree with you these are the main reason for losses as our experience increase we are easily make good plan get success , if we have knowledge about the factor more effecting our trading we take step advance like due to lack of knowledge trader will lose money so it is good if we try our best to get complete knowledge about trading and then enter .

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  8. #8
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    Forex trading is no longer remaining an easy task for the foreign currency exchange traders. The unfortunate fact is: millions of people are coming in forex but very few can survive as they lack education, skills and disciple. Thereby, a trader must try to develop required trading attitude as well as he must try to acquire adequate trading skills and knowledge before he can start trading with his live trading accounts.

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  9. #9
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    there too many reasons that can lead to a trader losing while trading forex but one of the reason on losing when trading is lack of understanding with the market when we are trading when we lack basic understanding on the strategy used we will not be able to handle some position that we might lose while trading.

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  10. #10
    Trader xauyuro's Avatar
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    Quote Originally Posted by Buffon View Post
    Reasons for failure to trade

    In case you're reading these ten points your theory about forex will change and find a solution to the problems you are directing Have you ever wondered why so few traders are working in the forex market while 90% fail to achieve success? The following are 10 main reasons:

    1. Find easy and fast money
    It must be stressed that Forex trading does not have a quick plan to get the money. Achieving a consistent and profitable forex trading results is difficult. It requires the teaching of forex trading, patience, discipline, control of passion, etc. until you get success in the world of Forex trading.

    2. Find the Hard system
    Many people have asked me, "What is the best forex trading system?" The answer is that there are no such trade regimes in the currency trade. Many forex traders spend years trying to find a fixed foreign currency trading system, but they fail to find one. The main reason is the changes in the forex market every moment.

    3. Insufficient proper education
    One of the reasons for the failure of forex traders is that they do not have adequate education. Some people who came to the forex trade did not open any FX book or even try to educate themselves about currency trading. You need to have some forex training through forex courses, foreign currency trading systems and then a teacher helps you train properly.

    4. Lack of discipline
    Discipline is very important in forex trading that it will reward you by accumulating your profits if you stick to it, and you can convert your forex trading account into something when it lacks it.

    5. Lack of patience
    Forex traders always follow the prices because they don't want to lose any golden opportunity. In forex trading, there is no such thing as golden opportunity for me because all FX trading devices are equally important.


    lots of things or factors that support the failure of forex trading. nowdays many people are busy trying to jump into forex trading. most of them have economic motives. they expect that trading is an easy way to get money, trading is a fast way to make a profit. just click buy, or just click sell we can trade and get lots of money. This is very sad. without this sufficient knowledge like suicide.
    besides, lack of understanding or skill in trading also causes failure. learn lots of trading strategies, without being well honed. the reason is not yet found the holy grail. even though a simple and easy-to-learn strategy exists, the basics of trading are simpler and easier, just to say that they are good at trading they force themselves to learn about a system or strategy that is so complicated. when this happens then "congratulations on your failure"

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