The Cause of Failure in Forex is Ourselves

Do you agree with my opinion because failure in the forex business is a result of ourselves. Even though we already know that 

I strongly agree, but many people who do not realize that the source of losses in their trading is themselves, this is dangerous in my opinion because they will continue to loss

It is true, our emotions are very destructive

The primary cause of failure in forex trading is often ourselves. This can include a range of factors, such as:

Lack of discipline: Failure to follow a trading plan, take appropriate risks, or stick to a strategy can lead to poor trading decisions and losses.

Emotional trading: Allowing emotions such as fear, greed, or impatience to influence trading decisions can lead to poor performance and losses.

Inadequate education or preparation: Entering the forex market without sufficient knowledge, skills, or preparation can lead to poor decision-making and losses.

Overtrading: Taking on too many trades, or trading with too much frequency, can lead to exhaustion, poor decision-making, and losses.

Failure to adapt to changing market conditions: Failing to recognize and adapt to changes in market conditions, such as shifts in trends or volatility, can lead to poor performance and losses.

Successful forex traders recognize the importance of discipline, emotional control, ongoing education, and flexibility. By addressing these potential sources of failure, traders can improve their chances of success in the forex market.