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95% of traders fail, why? in General Forex Discussion_67f83ac065b44

95% of traders fail, why?

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bagaskara30

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Quote from: MonsterFX on February 13, 2019, 09:48:39 AM
Hello merchant friends in the forex zone forum, many traders have struggled to read books, watch paid videos and courses but why do we still have 95% of traders lost. Some of you on this forum might have answers to this question. Let's share ideas
Most new traders fail at the start because their psychology is very lacking and too confident that they can control the forex market as they wish
#16 - February 13, 2019, 11:50:33 PM

Bayu maryanto

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Quote from: MonsterFX on February 13, 2019, 09:48:39 AM
Hello merchant friends in the forex zone forum, many traders have struggled to read books, watch paid videos and courses but why do we still have 95% of traders lost. Some of you on this forum might have answers to this question. Let's share ideas
there are many out there who share free and paid knowledge. but it all depends on you, sir. not the technique according to your own possibilities which are the discipline of your rule plan. that's what causes you to suffer losses. also keep your margin resilient, don't use big lots if you don't feel proficient with the new technique
#17 - February 14, 2019, 12:35:42 AM

Abdul Hakim

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Quote from: MonsterFX on February 13, 2019, 09:48:39 AM
Hello merchant friends in the forex zone forum, many traders have struggled to read books, watch paid videos and courses but why do we still have 95% of traders lost. Some of you on this forum might have answers to this question. Let's share ideas
because we have not fully understood the technique we are learning. And mentally we are not ready when facing the forex market. Because it is mental we must be tested with full patience.
#18 - February 14, 2019, 02:49:02 AM

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#19 - Today at 08:55:38 AM

lukmannuur

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Quote from: Abdul Hakim on February 14, 2019, 02:49:02 AM
because we have not fully understood the technique we are learning. And mentally we are not ready when facing the forex market. Because it is mental we must be tested with full patience.
many beginner traders fail because they initially just follow along. they just follow what other people do and they only see what other traders get who may have more years of experience. without considering many things they immediately use their money in large amounts hoping to get the same profit as they have experienced. without preparing everything that is needed properly, only with imagination to profit they are determined to trade.
#19 - February 14, 2019, 03:09:37 AM

ASHfx

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Quote from: MonsterFX on February 13, 2019, 09:48:39 AM
Hello merchant friends in the forex zone forum, many traders have struggled to read books, watch paid videos and courses but why do we still have 95% of traders lost. Some of you on this forum might have answers to this question. Let's share ideas
First I will ask about where 95% of the failures come from?

failure is due to lack of various factors, ranging from discipline, analysis, emotional, money management, technical.

if you don't study it well it will always fail. and if a trader continues to learn from his mistakes I think one day will succeed.
#20 - February 14, 2019, 03:11:58 AM

Abdul Hakim

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Quote from: lukmannuur on February 14, 2019, 03:09:37 AM
many beginner traders fail because they initially just follow along. they just follow what other people do and they only see what other traders get who may have more years of experience. without considering many things they immediately use their money in large amounts hoping to get the same profit as they have experienced. without preparing everything that is needed properly, only with imagination to profit they are determined to trade.
I agree with you. Beginners should learn a lot first. Trade in training. Don't enter the market if you are not really an expert.
#21 - February 14, 2019, 03:14:30 AM

MonsterFX

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Quote from: bagaskara30 on February 13, 2019, 11:50:33 PM
Most new traders fail at the start because their psychology is very lacking and too confident that they can control the forex market as they wish
Yes, the problem is faced by many beginner traders.
#22 - February 14, 2019, 03:19:10 AM

MonsterFX

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Quote from: Abdul Hakim on February 14, 2019, 02:49:02 AM
because we have not fully understood the technique we are learning. And mentally we are not ready when facing the forex market. Because it is mental we must be tested with full patience.
To become a great trader does require a process, we must patiently go through the process, in the process we must experience losses and the MC, it is a certainty.
#23 - February 14, 2019, 03:22:26 AM

MonsterFX

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Quote from: DnsFx on February 14, 2019, 03:11:58 AM
First I will ask about where 95% of the failures come from?

failure is due to lack of various factors, ranging from discipline, analysis, emotional, money management, technical.

if you don't study it well it will always fail. and if a trader continues to learn from his mistakes I think one day will succeed.
agree, friend. that is the main factor that makes traders fail.
#24 - February 14, 2019, 03:24:24 AM

SPRDI

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Quote from: hafid87 on February 13, 2019, 11:22:29 AM
Indeed the fact that almost all traders fail in forex can even end up with mc. However, it can all be controlled with the right financial management strategy, which is to place a stop when making an entry to minimize the loss so as to anticipate the avoidance of a margin call.
yes, right, most of the traders experience losses to the margin call and in my opinion, one way to anticipate it is by minimizing the small levarege using 1:10 or even 1:50 leverage, it is great to train a trader mentally against his trading account to avoid margin calls
#25 - February 14, 2019, 03:25:09 AM

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95% of traders fail, why? in General Forex Discussion_67f978d8d1a13
#26 - Today at 08:55:38 AM

Malik

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Quote from: MonsterFX on February 13, 2019, 09:48:39 AM
Hello merchant friends in the forex zone forum, many traders have struggled to read books, watch paid videos and courses but why do we still have 95% of traders lost. Some of you on this forum might have answers to this question. Let's share ideas
leave the rich quick mindset, and accept losses, enhance your money management
because trading is about managing losses and endurance. 
you dont want Run out your capital in the middle of the journey. 
#26 - February 14, 2019, 03:27:32 AM

MonsterFX

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Quote from: Malik on February 14, 2019, 03:27:32 AM
leave the rich quick mindset, and accept losses, enhance your money management
because trading is about managing losses and endurance.
you dont want Run out your capital in the middle of the journey.
The right mindset is indeed a matter that greatly influences the success of traders, the right mindset will make traders run this business correctly.
#27 - February 14, 2019, 03:29:51 AM

hafid87

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Quote from: SPRDI on February 14, 2019, 03:25:09 AM
yes, right, most of the traders experience losses to the margin call and in my opinion, one way to anticipate it is by minimizing the small levarege using 1:10 or even 1:50 leverage, it is great to train a trader mentally against his trading account to avoid margin calls
With such leverage, of course, we will minimize our ability to give lots that are not in accordance with the margin. With the 50/100 leverage it also teaches us how to manage money management appropriately and of course you won't lose more money and lots are arranged according to that leverage.
#28 - February 14, 2019, 03:31:47 AM

MonsterFX

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Quote from: hafid87 on February 14, 2019, 03:31:47 AM
With such leverage, of course, we will minimize our ability to give lots that are not in accordance with the margin. With the 50/100 leverage it also teaches us how to manage money management appropriately and of course you won't lose more money and lots are arranged according to that leverage.
Indeed, small leverage will force traders to not open many trading positions, because the margin needed is very large.
#29 - February 14, 2019, 03:34:48 AM

alfrz26

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Quote from: MonsterFX on February 13, 2019, 09:48:39 AM
Hello merchant friends in the forex zone forum, many traders have struggled to read books, watch paid videos and courses but why do we still have 95% of traders lost. Some of you on this forum might have answers to this question. Let's share ideas
A failed trader is he who is lazy to learn and does not want to correct his mistakes, sir. Or it could be the person himself who has not found a suitable learning method. if you don't want to pay for training, you can just study on your own.
#30 - February 14, 2019, 03:35:11 AM
« Last Edit: February 14, 2019, 04:04:09 AM by alfrz26 »
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