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Nicely explained! A failing trade is always wrong direction-bound posing no possibility of allocating profit to traders.A failing trade is when you have entered at the wrong time and at the wrong price so its harder for you to reap profit from it. Ideally, you should enter at a low price to sell high as a long term trader and enter at a low price to sell high also as a scalper but if you enter at a really high price already, its hard to make more pips as the price does not peak to infinity.
We will need to make the Efforts and also start learning from our failures in the markets.A failing trade is wrong direction-bound and when signals follows negative price movement, it is a failing trade.