Most don't get success

[Kazumu Fukunaga]

Truly 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.

 

[Kevin Vogt]

Yes you are right. Most traders do not get success due to lack of knowledge and skills. People what to make money but not willing to spend time to learn the art.

 

[Oscar Shumack]

Yes. You are absolutely right. Most of the traders lose their money because of their little learning about the forex trading. Learning is very important to survive in this market.

 

[Alexander Hudson]

Most traders don't get success in the forex market because of their low knowledge. Without the proper knowledge, no trader can make money from this market.

 

[Zoltan_]

Yes, many traders don't get success, but then that is because of their own faults. If traders are earning in this field, means forex has got something for all. It is how we trade here, how we strategize and grab opportunities. Our actions, skills and knowledge will bring us earnings or losses, the market is not responsible for that.

 

[Oscar Shumack]

Hard working, passions, sincerity, awareness are the trading qualities that a trader needs to have to become successful from Forex trading.

 

[Paralipsis]

This is true. Many traders upon joining increase their expectations and fail due to lack of focus and discipline. They don’t spend enough time learning and quit easily. It is a constant process, profit is acquired over time.

 

[SaadBinToha]

Emotion harms a trader much and it’s quintessential for a trader to develop trading-genial qualities before investing.

 

[Eduardo Lucchese]

Traders can’t set their mind owing to this problem and they mostly suffer from mental instability. They can’t hold their confidence for long that results in no benefits.

 

[Anie]

Most traders don't get success because they trade on their emotions, egos, and predictions rather than price action. One must have emotions in check while going for trade.

 

[Madison Lopez]

The majority of trades fail due to a lack of knowledge and an unplanned strategy. To be a successful trader, you must be focused and analyze the market on a daily basis, as well as keep yourself informed about the market.

 

[GioMiller]

Because most of the people misunderstood trading as a very simple way to earn. In this wrong perception they get their feet wet in trading with half knowledge which brings only losses. Learning before practising should be given more emphasis to get actual success.

 

[magnum]

Most traders don’t get success because they treat trade with greed or the prospect of controlling vast amounts of money with only a small amount of capital that makes traders take on such huge and fragile financial risk.They also skip basic learning as a part of trading which really hampers their knowledge too.

 

[FXOpen Trader]

Most traders don’t get success because they treat trade with greed or the prospect of controlling vast amounts of money with only a small amount of capital that makes traders take on such huge and fragile financial risk.They also skip basic learning as a part of trading which really hampers their knowledge too.

We can become successful traders only after some time.

 

[Bahiya Shinam]

Traders should run parallel with the market to cope with market trend. Technical analysis is essential for catching the market trend

 

[Hamarchy]

That’s because most of them cannot stay consistently motivated to work hard. They invest money carelessly and don't thoroughly research the market. Some have a strategy problem even though they are aware of the market. Both a sound trading strategy and prudent money and risk management are essential for successful trading. Many people wish to enter the market and generate money without having any market knowledge. This is why they lose money.

 

[Pentapolis]

I think most of these people don’t even try to learn trading as a beginner. They just jump into the market without any knowledge and planning and give up when they don’t get quick profits. Those who stay focused on learning will surely attain success at some point. But unfortunately most beginners fail to do so.

 

[Davidfx89]

newcomers should choose the broker which is more appropriate to the concept of trading that will be used , if love doing scalping should choose the broker which allows trading concept such as this.

 

[Merycism]

Yeah most of the traders do not get success. That’s because they do not give time to educate themselves. Also, they do not practise trading in a demo account. They get greedy and want easy money. They become impatient and look for quick results, which isn’t possible. The forex market is a high-risk high-reward market and winning is only feasible if you learn it first. Traders must understand that, like anything else, forex requires learning and skills.

 

[Crapulent]

Most do not get success because they want quick success in the forex market, which is not possible. They want to become successful without trading on a demo account. They do not prefer to journal their trades, nor are they working on their trading psychology. All of these are essential to successful trading.