Common reason why traders lose money ?

[cochy17]

beginner trader lost of the good account as working with the less on preparedness as having with the limited level on basics with the ideal competence with the technical manage on working with the tasks of the request as complying with the trading works to gains of returns of the points.
that those to requires of the good return of the series of works on managing customs of the trading tasks to gains of the chance to shifts of higher on managing the different plan with the better on specification.

[Steve nison]

Forex trading business is one of the most sensitive profession! That’s way, novice traders need to take extra preparation before starting their live trading! Let’s talk about the reasons of money losing! Lack of trading knowledge is the key point here! It’s not easy to identify good entry points of market consistently, so improve your trading knowledge properly before playing with your real money! Greed is one of the main culprits; so control your greed if you want to be a successful Forex trader! In addition, don’t use high risk ratio in your trading!

[russel]

Lack of foresight is the way to disappointment. Poor numerous administration pursues. Taking high influence could be course too sine it have higher hazard. Continuously plan your exchanges advance. Realize your ideal section point, assume benefit and stop misfortune rates you exchange and trust that the correct open door will emerge.

[Sameeh]

There are many reasons that let the trader to lose money in the market and so the common are the greed and random trading and also non using of stop loss, the new traders thing that they can make quick and big money from forex and so they start to trade with big risk and so they lose their money easily and quickly and could not be able to make money, also random trading leads to making of mistakes during trading and so this increase the possibility of loses and decrease the possibility of earning and so the trader should be patient and trades when find strong signals, also non using of stop loss makes the trading dangerous and so this may lead to unexpected loses that maybe big if the market goes against the trader.

[amjad23510]

There are many reasons behind the loss. Less experience, lack of knowledge, lack of money management, emotions, lack of planning etc. Among all the reasons, I believe that poor money management is the main thing. when a trader want to make huge profits in short time and trades in high risk then he/she can not bear even a small against move and such conditions lead to loss. Trading with proper money management enables a trader to survive even after losing some of his trades and it is the actual way to survive.

[scott]

We rely on primal, subconscious, fear and greed for "survival". It's the rare few who can play this game without letting their emotions get in the way. Most people that have these problems do not spend enough time (years) working to overcome them..

They either lose and drop out, or lose and become addicted and keep losing...Some people may do well for a while, but then give all their profits back with one dumbass trade...

Also, some people think robots are the answer to this dilemma. They might not be wrong. But it's also possible to work it out and become profitable, as many traders use crypto trading bot to get their work done while they sit behind but it's just not easy...

[Bernadar]

most lose their money from lack of work experience and not fully understanding what they do

[Quiinhome]

Broker choose is one of the most important reason for lossing money on forex trading.

If a trader in the foreign exchange market, there are dozens of online forex brokers looking to win your business. Visit any financial news website and you're likely to be bombarded with an overwhelming number of internet advertisements from forex brokers.
Why a Broker Is an Important Decision:
Ask yourself what type of company you would call if you should have a trade dispute. The purpose of this question is twofold. First, is it a reputable company that will honestly look into a trade in which you feel that you've been wronged? Second—and arguably more important—are its financials made available to the public and are they regulated?

Both financial transparency and regulation are of paramount importance when it comes to how comfortable you should feel with your broker. As volatility has picked up in the foreign exchange market, we've seen undercapitalized brokers shutting down shop with little warning. This can leave traders in a significant mess. If you understand the financial positioning of your broker, you can understand whether he'll be able to weather the upcoming storms and volatility in FX.

here are some tips for you, how you can choose a good and top forex broker:

1. Demo Accounts:
When you've found a broker you're interested in working with, open a demo account to try him out.

2. Deposit and Withdrawal:
Good forex brokers will allow you to deposit funds and withdraw your earnings hassle-free.
Brokers really have no reason to make it hard for you to withdraw your profits because the only reason they hold your funds is to facilitate trading.

3. Currency Pairs Offered:
While there are a great deal of currencies available for trading, only a few get the majority of the attention and, therefore, trade with the greatest liquidity. In addition to the aforementioned EUR/USD and GBP/USD pairs, the major pairs include USD/JPY and USD/CHF. A broker may offer a huge selection of forex pairs, but what is most important is that they offer the pairs which interest you as a trader.

4. Forex Broker Reviews:
Look around for Forex broker reviews. Be sure to read reviews from multiple sources.

5. Trading Platform:
In online forex trading, most trading activity happens through the brokers’ trading platform. This means that the trading platform of your broker must be user-friendly and stable.
When looking for a broker, always check what its trading platform has to offer.

[Quiinhome]

Simple Trading Tips for beginner

As with starting any career, there is a lot to learn when you're a day trading beginner. Not only will you need to decide what to trade and how much capital you'll need, but you'll have to get the proper equipment and software, determine when to trade, and of course, how to manage your risk.

Many day traders already have lots of market experience when they begin their new business ventures. Because it can cause you to lose a great deal of money very quickly, you may have to choose whether to work full time at the venture.

That can allow you to watch the market continuously and make trades at the perfect times.

here are some day trading tips:
1. USE THE ECONOMIC CALENDAR AND NEWS
The first trading tip deals with the economic calendar and the news. The Economic Calendar is an essential tool for any trader. Whether short-term day traders or long-term swing traders, economic news always has an impact on the markets.

2. The demo account for beginners and advanced traders
The trading demo account is very important for beginners and advanced traders to test trading platforms, strategies, etc. It is a virtual credit account that imitates real money trading. The terms and conditions are the same. The demo account allows the trader to trade without risk.

3. Choose cheap and reputable brokers
This is probably the most cost-effective trading tip for the trader. With more than 9 years of experience, we have tested many brokers and looked for the best providers. Trading fees can be extrapolated to the year, so you should definitely look for a cheap broker. Alone with a saving of 1$ per order opening, a very large sum comes out calculated on the year.
If you are a newbie in forex trading. You can visit FX Merge site. Here you will get too many tips related forex trading.

[NUJOLK45]

The vast majority of people prefer to risk little or nothing in exchange for small gains, thinking in terms of profit. In terms of risking more for the possibility of making a lot of money, even fewer people want to do so. But when talking in terms of losses, people tend to increase their risk in order to lose as little as possible or to avoid loss. This is why there are traders who, when their trade turns around, do not close it, even if the losses accumulate.

I would recommend before trading to study a bit about psychology in trading, in this page tradingcourse.online there is information about it.