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  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. #501
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    Every trader fails sometimes but if failing is constant so we should look where the problem is and what the reason is. Usually we can find that trader is not following the market but he is going against it. Such problem can fixed very easy. Trader should change his mind and not to trade against forex market but try to follow it.

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  3. #502
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    Almost time trader loss own strategy again and again with own fault and misunderstanding and loss own big money in stock market. I think if previously trader build strong and effective strategy with proper planning and good learning then you should easily build strong and effective strategy for trading and easily generate good profit for our trading business.

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  4. #503
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    Quote Originally Posted by Rola View Post
    Every trader fails sometimes but if failing is constant so we should look where the problem is and what the reason is. Usually we can find that trader is not following the market but he is going against it. Such problem can fixed very easy. Trader should change his mind and not to trade against forex market but try to follow it.
    Yes dear, you are right my dear traders are lost their money a lot of time. but its not mean that they have need to do one mistake again and again. It's the role of Forex trading that we cannot become successful till we will not learn from our past mistakes and try to avoid it next. The best idea we have need to do demo practice and learn from our past mistakes.

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  5. #504
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    Almost time trader loss own strategy again and again with own fault and misunderstanding without it you have not loss own strategy and big money from it. If trader first clear own major concept and issue about strategy then you have easily build any strong and effective strategy for trading and easily generate good earning from stock market.

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  6. #505
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    It can be possible to fails due to wrong choices of trade methods so a trader can be losses their whole the trade if they have not any sens about which methods are good for the working well so due to lack of knowledge and lack of experience we cannot dominate on thr losses and we will failed again and again .

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  7. #506
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    We must understand that traders learning is never possible until they are follow the market trend with good planning and when they are make mistakes on their trading they are lose their money. Traders success is only possible if traders are trade without make any mistake on their trading. So traders learning and their experience is the only thing that is help traders to earn daily basis good profit.

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  8. #507
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    Quote Originally Posted by mazhar View Post
    Almost time trader loss own strategy again and again with own fault and misunderstanding and loss own big money in stock market. I think if previously trader build strong and effective strategy with proper planning and good learning then you should easily build strong and effective strategy for trading and easily generate good profit for our trading business.
    trader who failed in trading again and again try to improve its source of information because different source of information can leads you towards failure due to your own faults and misunderstanding so try to follow the footsteps of others to take benefits from others traders experience than make your own strategies by practice it first in demo to avoid loss by your mistakes.

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  9. #508
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    Traders often fail in forex trading over the same mistakes because they don't do evaluations on how they trade the market. You know there is no way a trader will be successful when they don't look at the way they have traded in the past and then try to improve it. Learning needs to be done consistently whereas the trader make good corrections of their trades. Failure is also a way to become profitable.

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  10. #509
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    Quote Originally Posted by melan View Post
    It can be possible to fails due to wrong choices of trade methods so a trader can be losses their whole the trade if they have not any sens about which methods are good for the working well so due to lack of knowledge and lack of experience we cannot dominate on thr losses and we will failed again and again .
    You are absolutely right , a trader if follow the wrong plans ans wrong trade methods they can easily caught into losses so they should not take wrong decisions and wrong guideline which can be give them losses so each trader should focus on learning and also with gain experience and then the chances of losing the trade will be minimized .

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  11. #510
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    Trader's fail again and again because they lack the right knowledge and experience of trading forex, without this basics aspect it's not possible for us to succeed in trading forex and this are the reasons why a lot of traders lose their hard earn money to the market always, if you want to become a successful forex trader you need to make sure you acquire all the basics aspects of trading first.

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