95% of traders fail, why?

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

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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

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.

Leave the rich quick mindset of forex, target loss must be there and keep in mind also use a good and reliable broker because there are some known brokers stoplosshunter

Is there a broker like that? of course it is very detrimental to traders.

in my opinion because forex is a high-level business that not everyone is able to run it. it is only natural that many fall when they really jump into it. how can any high flight hours really determine the success, forex is not just a theory in the book, but more towards practice in the market.

I agree, forex knowledge in books and videos is only a theory, while forex requires practice and experience to be a successful trader.

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

Actually there are various things that cause many traders to fail. Among the traders mindset, if the trader knows trading from the beginning but has the wrong mindset, then whatever he does is always wrong and becomes a disappointment. For example, want to get rich quick, fast success with forex trading, whereas forex is not always about profit, rich, successful. Because if a trader is wrong in managing his finances in trading there will be a risk of loss, bankruptcy, failure. Whereas to be successful in forex trading requires good preparation and planning. Traders need to learn and practice trading first, and the process is sometimes not short and easy, it takes effort, hard work and sometimes sacrifice.

Besides that, it causes traders to fail, usually not disciplined or patient in implementing their trading strategies. Like not disciplined in the use of money management and risk management that is good in every trade. Many traders prefer to hold the floating long in a loss position but are quick to execute profits. It turns out that the human brain is programmed more strongly to deal with misery than to seek pleasure. Apparently so did not want to experience losing trade, the trader keep hold the floating in losses, hoping the market turned in the desired direction. In fact, it never happened and instead the MC approached only in one trade, wiping out capital and profit a month.

Stable trading numbers do not guarantee that you are free from this disease. The better your track record, the more burdened you are with the achievements of you who never lose. So that one day you are wrong, you will be very stubborn and just let the MC happen.

Leave the rich quick mindset of forex, target loss must be there and keep in mind also use a good and reliable broker because there are some known brokers stoplosshunter

yes, it's true in forex trading, don't ever think of becoming a rich briskly because such thoughts will only harm, and really choose also a good and licensed broker is the basis for a novice trader to start the basic forex and things like that must be true true to know by a trader

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

Why 95% of forex traders suffer losses despite learning and courses, possibly because of psychological problems and trader mindset. 95% forex trading must study psychology correctly and study engineering only 5%. So the key is in their psychology if they don't want to lose a lot of money anymore.

Why 95% of forex traders suffer losses despite learning and courses, possibly because of psychological problems and trader mindset. 95% forex trading must study psychology correctly and study engineering only 5%. So the key is in their psychology if they don't want to lose a lot of money anymore.

Psychology will be better if more experience, the longer the trader in this business, the better the psychological.