Please take a look around, and feel free to .
I know, the list is so long! But, what’s the main reason according to your experience? Please add your valuable opinion here.
According to my experience why New trader lose there monies is they easily deceived by bonuses and always fail to do proper research about the brokers they entrusting there monies with.
I stand corrected, you do research on both the broker and the market.Did you mean, research on the market or Forex broker actually? I think, research on the market.
Simply a trader can not be right all the time. So losses will occur. This applies to a trader who trades with a strategy.
Yes, no one can expect here 100% result! But the point is; pro traders can recover their losses so smartly because of their trading plan on money management as well as risk management.
You are right. If we come in terms with the fact that there is no holy grail then we can work on something which will bring more profit than loss and hence will keep increasing our capital.
Yes, that’s really true; mindset is a big parameter here & no one can make 100% profit in Forex!
Unfortunately some people promote that it is possible to make 100% profit. Those who target for daily profit also fall in to the same category in my opinion.
It’s really unfortunate; I also see; there have so many so called profitable trading strategies on social media; they are the scammers since they are claiming 100% success ratio.
losing money is a clear cause for fear, the root cause is fear of poverty.
Well, scammers are unfortunately everywhere. We can fight them only by exposing their techniques so that other people are also aware, and not fall on their lies. One of these happy stories is “100% success ratio”. As there is no such thing in Forex, then obviously it is scam in question