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Why most traders do not succeed in forex Trading?

Discussion in 'Forex' started by sakura, Nov 16, 2017.

  1. sakura

    sakura Registered

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    [​IMG]



    Making profits through stocks and shares is not an easy job. Inadequate trading methods, lack of confidence, patience and discipline can lead to a lack of success in the stock market. A trader should really know the tricks of trading. Inexperienced traders, who lack insight, risk all their money in one stock without planning before investing. Planning is a necessary standard in the stock market as complex trading techniques and lack of planning will contribute to the failure of the trader; therefore, successful traders always develop a plan.

    Lazy Traders will definitely fail

    Without significant planning a trader will fail. Many traders are too lazy to develop a successful trading plan as it requires a lot of effort. Effort is necessary for success in the stock market, not just luck. Traders who are too confident and lazy are always in a hurry to chance their luck, which results in failure.

    Too much Trading

    Most of the traders have an addiction to the stock market and invest too much money. In the process of trying to win more and more money, greedy traders can lose a significant amount of money. Good traders should not act like gamblers as trading in Forex is more skilful than gambling at the casino.



    For more detail : Why most traders do not succeed in forex Trading?
     
  2. Cecil Marshall

    Cecil Marshall Registered

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    It's true that most traders don't get success in forex. The reason is their trading decisions are not based on sound research and learning. They think forex is a cash machine. You trade and procure immense cash. They don't consider it as a business. I am trading with FXPM, a regulated broker. It gives me tight spreads, up to 500:1 leverage, and free forex signals.
     
  3. raniya

    raniya Registered

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    [SIZE=12pt]I had limited knowledge in the world of trading but now I have gone up to a very high level after I started using FXB Trading. This website has helped me trade in the CFD market and has assisted me in all my regulation queries. I have increased my skills in trading quite swiftly with the support of FXB Trading[/SIZE]
     
    Last edited by a moderator: Dec 11, 2017
  4. Martin Luther

    Martin Luther Registered

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    Most people do not understand that for forex trading you need good knowledge and skills. They assume that trading is just buying and selling currencies. They learn some indicator based strategies and think that it will help them to get rich overnight. They don't try to understand the market and market psychology. You can't get success if you are not skilled. I am trading with MaximusFx where I am following their advanced educational resources to make myself skilled. Their slogan is Trading At Its Best.
     
  5. CarlosR

    CarlosR Registered

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    I Agreed that most traders don't get success in forex. one point here is have atrading beginners guide and we needlearn some indicator based strategies and think that it will help them to get rich overnight
     
  6. Olivia Harper

    Olivia Harper Registered

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    Most of the trader do not succeeded in their trading business only for lack of trading knowledge. Some said that they got scammed. But trading broker is not the actual reason. A trader will be able to select a right trading path when they actually know what they want. But most of the trader do not know which trading style they should select for their trading.

    Another thing is trader will select their trading broker according to their trading style. Suppose if someone is doing scalping and using a broker which is not regulated then it will give negative result. I know clearly what I wanted to do. I am doing long term trading and for this I am taking 1: 500 leverage facility from TopFX24.
     
  7. kerstin25

    kerstin25 Registered

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    I think one of the reasons is because of the lack of knowledge. You can't really be profitable in this business without acquiring the necessary knowledge. Just like any other investments,investment on currency trading carries risks.
     
  8. Innate2

    Innate2 Registered

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    I truly appreciate your encouraging knowledge
     
  9. Juan Jaramillo

    Juan Jaramillo Registered

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    Trading is and will be troublesome in the event that you are not increasing appropriate trading information. Forex market is difficult to manage. On the off chance that you disregard the reality then you should remain out of this or else you will lose all your money. My broker FreshForex makes my trading simple and basically by giving their magnificent essential administrations. Likewise, their rewards and advancements make me generally propelled. I am presently made the most of their 101% tradable reward offer. It only for my first-time deposit. Be that as it may, now, I get a 30% reward for each deposit more than 100%. On the off chance that your unique total is $100 together with the reward it is $130.
     
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