Most people fail

[Kevin Vogt]

The main reason of failure is unwillingness to learning and study. Forex trading is for skilled people. You can't make profit just by following some ready-made strategies available on internet. Beforehand investing your money into market, invest your time for learning. After learning learn to apply your knowledge. It needs time and patience.

 

[FundUp]

The main reason of failure is unwillingness to learning and study. Forex trading is for skilled people. You can't make profit just by following some ready-made strategies available on internet. Beforehand investing your money into market, invest your time for learning. After learning learn to apply your knowledge. It needs time and patience.

Rightly said, in forex trading a trader should have patience and skills to yield maximum profits.

 

[mixnmatch]

There can be multiple raesons to why traders fail. It can be because of overtarding or poor risk management or unrealsitic expectations or it can happen because of not having a properly backtested sound strategy.

 

[tiffanyfloyd]

@ FundUp I agree with you. Forex trading is all about planning, discipline, patience, and skills. It is true that many people fail in forex trading but there are many who have reached the epitome of success in the field. Those who believe that forex trading is easy and quick, there are higher chances they would fail.

 

[Adrienlord]

I believe that the main reasons for the majority of new traders to fail is the fact that their expectations are too high. Many people come to trading after watching some youtube videos where teen who look rich tell their audience about the 'secrets of their success'. That is why newcomers have strong intentions to make a millions of percents overnight.

 

[Faal]

people fail because they willing to fail by own mistake , same mistake again and again . its not actually ba mistake, its a own choice.

 

[spearrider]

Most people fail for two reasons: 1- because they don't have enough knowledge and skills to make trading profitable, 2-because they don't have any desire to learn and acquire new skills.

 

[Gito Dinev]

Demo prepares you for real trading. Many traders don’t prefer demo trading before diving in live account and they are ultimately failure from the market.

 

[Nayek Pichai]

Most people fail in Forex just because traders are away from education and uneducated traders are not good traders by the end of the day.

 

[FXOpen Trader]

Most people fail in Forex just because traders are away from education and uneducated traders are not good traders by the end of the day.

It is normal for the traders to start getting the losses from the markets. But they must also understand this fact that losses will make them better traders.

 

[Ethan]

The reason behind failing in Forex is lack of trading knowledge and high greed. We can resolve this lacking if we have strong determination.