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list the main causes of failure of forex traders

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Dyandra

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Lack of disciplined activity can make us less skilled at trading and we cannot analyze the market well. We must be able to have clear goals and not be too easy to set high expectations.
#436 - October 01, 2023, 01:43:12 AM

Vernalta

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When we cannot use good expectations we will always have difficulty achieving our dreams and the lack of discipline and lack of learning from mistakes will increase us to always fail to trade forex.
#437 - October 02, 2023, 01:54:56 AM

Dyandra

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If you want to be successful and don't want to fail when trading forex, you must be able to think realistically. You must be able to focus on market conditions. Use your own plan. Use realistic targets.
#438 - October 03, 2023, 01:15:10 AM

Ikhtiar

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Quote from: Dyandra on October 03, 2023, 01:15:10 AM
If you want to be successful and don't want to fail when trading forex, you must be able to think realistically. You must be able to focus on market conditions. Use your own plan. Use realistic targets.
Yes, what you say is true, I also see many people who fail because they are too ambitious and don't have a real target in forex trading.
#439 - October 03, 2023, 01:18:57 AM

Vernalta

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There are many reasons why we fail, but in my opinion the most important thing here is not being disciplined, not adapting to market conditions, not learning from mistakes and continuing to repeat them and not using proper risk management.
#440 - October 04, 2023, 01:39:35 AM

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#441 - Today at 01:57:46 PM

fxVirtuoso7

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They don't bother with a solid strategy, like they're playing roulette. Emotions also wreck havoc - fear and greed make 'em trade impulsively. Over-leveraging is a real killer, wiping out accounts faster than you can say "ouch!" And finally, ignoring risk management is like skydiving without a parachute - a recipe for disaster, my friend! So, if you're in the forex game, don't be a cowboy; be smart, strategize, and keep your emotions in check! 📉💸😬
#441 - October 04, 2023, 02:51:48 AM

Vernalta

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What you have to remember here is that you have to be disciplined. You have to be able to adapt to the market. You have to have high expectations that can make you successful
#442 - October 05, 2023, 03:50:00 AM

Dyandra

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Get used to being disciplined in doing things and get used to learning from mistakes and never use high expectations to achieve your own dreams.
#443 - October 06, 2023, 03:20:10 AM

Vernalta

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there are many habits that usually make people lose, usually when they are not disciplined, don't run the trading system well, use expectations that are too high and don't learn from past mistakes.
#444 - October 07, 2023, 04:38:03 AM

Dyandra

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The biggest cause of mistakes in my opinion is when you don't adapt to the market and you are not disciplined with your own methods and you also have to be able to use realistic targets because you have to be able to re-evaluate everything.
#445 - October 09, 2023, 01:48:02 AM

Vernalta

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here, in my opinion, what makes us fail the most is when we are not disciplined, don't use management well, can't adapt to market conditions, because in my opinion, this is what usually makes us fail, whether we are beginners or professionals.
#446 - October 10, 2023, 01:21:10 AM

Dyandra

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When you lack the knowledge to learn and you are not disciplined to implement a good system and you have high expectations, these are all causes of your failure, therefore you must be able to change what you have done. Mention it well.
#447 - October 11, 2023, 01:42:24 AM

Ikhtiar

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Quote from: Dyandra on October 11, 2023, 01:42:24 AM
When you lack the knowledge to learn and you are not disciplined to implement a good system and you have high expectations, these are all causes of your failure, therefore you must be able to change what you have done. Mention it well.
Actually, what makes forex ruin is because the trading system is not clear and only guesses prices without ever wanting to do analysis.
#448 - October 11, 2023, 01:44:58 AM

Vernalta

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in forex trading When you don't want to fail, you have to be able to focus on market conditions. You have to be able to use your own system. You have to be disciplined. You have to be able to set realistic targets. You have to be able to learn from mistakes. You have to remember all of that.
#449 - October 12, 2023, 01:44:17 AM

Dyandra

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My most important advice here is to maintain discipline, maintain emotional stability, plan the system well, use realistic targets and use simple expectations because that is all the way so that you can not fail.
#450 - October 13, 2023, 02:02:17 AM
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