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Thread: Why traders failed in Forex trading again and again

  1. #1
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    Red face Why traders failed in Forex trading again and again

    Hello guys how are you hope everyone is fine today I am going to open my first thread in this forum.
    There is a lot of reasons behind the failure of a trader but I will share my own experience in Forex trading....
    No Trading System.
    It is the first mistake of a trader that he comes in the market without learning a proper trading strategy. Most of new traders are thought that they can become successful without learning the advance knowledge of Forex trading. Which is there wrong thinking which become the cause of their failure.
    Improper Money Management.
    when a trader comes in live market he thought that without following money management we can become successful. But, money management is the only rule which is applicable on all type of trader so it's their second mistake.
    Psychology Of Forex Trading.
    this tool plays more than 70% role in the success of a trader that how to control emotions. When a trader think about opening a then he do trade with high risk that's why his trading strategy not follow his instruction and their account washed out in short period of time.
    if a trader tries to learn these mistakes then he can become successful. It was my own point of view now kindly share your own experience which you learnt in your past.

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  2. #1561
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    You will lose your money when you will make mistakes on your trades that is reason you must try to work without mistakes. You will find many good trading opportunities which can help you to make every day big pips earning. Your success is possible when you will focus on your learning and always trade with care.

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  3. #1562
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    The wrong selection of a strategy and the lack of skills to manage the risks and never have any chances to get ride from the higher risks which dominately impacts on us very negatively forms so we have to just have the skills to make a strategy best and suitable it for self with dedicate it the more of our time and attentions to it .

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  4. #1563
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    Quote Originally Posted by learner View Post
    If we are impatient and we have not any worthy control on the emotions we cant survive here with winning the profits so try to be know all the basic terms and learn them well and with the patience capacity and work with getting powerful experience all are the important tools that are best for making the success probable and get the earning properly .
    Those trader control it well with the power of planning and understand then you can make secure from loss strategy for trading and getting everyday good profit from it. Most of time trader destroys our simple or strong strategy with little experience and use greedy trading method those is very bad for him toward success on this business.

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  5. #1564
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    if we still got losing and failed then it means that we have serious problem which should be fixed and completed properly, we need to evaluate all the past to see some reasons behind our loses, and then start to make down the ego and start thinking that forex trading is about skill full business but also about psychologies too, in this part, we need to have strong a will to change the bad habit to good one, this can help us to fix the problem and start trading better than the past

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  6. #1565
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    Quote Originally Posted by loyaindia View Post
    You will lose your money when you will make mistakes on your trades that is reason you must try to work without mistakes. You will find many good trading opportunities which can help you to make every day big pips earning. Your success is possible when you will focus on your learning and always trade with care.
    Those trader making strategy proper carefully and effective way he can easily get success on forex marker again and again with good profit. Demo trading account are good decision for trader to find that everyday successful strategy but when trader does't use it and not clear our major mistake about simple or strong strategy he could not get achieve success on it.

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  7. #1566
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    The traders are falling into the losses if they dont have the control on the greed and for this purpose they choose the wrong methods which can imperfect way for them so they should to learn the best strategies first and with getting more knowledge here we will avail the chances to wins the money and get the powerful results here so we should be patient in all the conditions that is the key for get success .

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    It no longer news that many traders keep struggling but fail to come up with a tangible means to make good profits from forex. Traders fail here always because they lack the knowledge to carry out better trade and don't look to manage their risk properly. They are looking for a fast money and not about building a long term winning system. I bet no trader would like to fail but if things are not done in the right way, they should expect such failure reoccurring.

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  9. #1568
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    Quote Originally Posted by Sixteen View Post
    It no longer news that many traders keep struggling but fail to come up with a tangible means to make good profits from forex. Traders fail here always because they lack the knowledge to carry out better trade and don't look to manage their risk properly.
    If a trader must do the right thing they should understand that knowledge is very important and its what will give traders the possibilities to make better trading decisions that will bring about more profits. Traders fails here because they don't learn and get equip enough to build a strong system that will help them achieve their goals. This knowledge is necessary and without it, more repeated failure will still come.

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  10. #1569
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    Quote Originally Posted by Sixteen View Post
    It no longer news that many traders keep struggling but fail to come up with a tangible means to make good profits from forex. Traders fail here always because they lack the knowledge to carry out better trade and don't look to manage their risk properly. They are looking for a fast money and not about building a long term winning system. I bet no trader would like to fail but if things are not done in the right way, they should expect such failure reoccurring.
    Yes, many traders are struggling but fail in the market. It is because of lack experience and market knowledge. They want to earn normal money with little deposit and they take large risk. Bad risk and money management causes big losses. New traders should reduce their dreams to earn big money very quickly and start to use normal size lots.

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  11. #1570
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    I like to comment on this thread , this is the best thread of the trading. many trader fails in the trading because they have no well experience in the trading and they do not know how to earn some money in the trading , some trader fails when they invest money in the trading , they do not work properly so they fails in the trading.

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