• The Forex, Binary Options Forum - welcomes you to our Community!

    DigitalCashPalace Forum is dedicated to discussions about Forex, Binary Options, commodities, stocks related.

    Please take a look around, and feel free to .

Why you lose more than gaining profit

If the strategy is not right, then there can be loss and if you trade emotionally, there is a possibility of loss. These two things need to be eliminated in order to gain profit.
 
Revenge trading is for the most part determined by the dread of being off-base. It's typically when a trader, originating from an especially baffling misfortune, chooses to compensate for it by being more forceful in his/her next trades. It's the worst thing one trader can do. If you loss any trade, before opening any more trades make yourself relaxed.
 
Most traders look for 80 to 100% winning strategy. But this type of strategy doesn't exit. Even a small consistent percentage can bring you a fortune in trading. We should focus on consistency.
 
Which traders are trading here with an ordinary trading skill, end of the day they are facing huge loss here! Forex trading is not an automatic way of money making, it takes a lot!
 
Using low leverage, which is a type of loan, should be the target of every trader because it keeps a trader apart from trading risk.
 
according to me , when you have most powerful analyzing trade knowledge then you are able to survive successfully from there at any times,.
 
Don’t go for STP and market maker brokers. Brokers, who serve as intermediary, are mostly involved in scamming which is dangerous for traders.
 
Broad market knowledge is essential because it helps traders consider different market aspects while analyzing. Knowledge on how to handle volatility need is needed.
 
If you are a new trader, please don’t be scared because of this statistic! Just concentrate on your learning process!
 
You can’t deny the role of a broker for trading Forex. Make your Forex trading journey favorable for you at any cost with a well-defined risk management strategy.
 
Top