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Forex Zone - Forex Forum
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General Forex Discussion
list the main causes of failure of forex traders
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list the main causes of failure of forex traders
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Re: list the main causes of failure of forex traders
Vernalta
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When you are not disciplined, don't adapt to the market, don't use good expectations, it will make things difficult for you as a trader. You must always be disciplined in using your own trading system so that everything runs smoothly.
#496
- December 15, 2023, 12:32:21 AM
Re: list the main causes of failure of forex traders
Dyandra
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In my opinion, there are three things that make us fail. The first is not using a trading plan properly, not being alert to market conditions, not adapting to high expectations, not learning from past mistakes.
#497
- December 18, 2023, 12:44:51 AM
Re: list the main causes of failure of forex traders
Vernalta
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There are so many failures that make it difficult for us to make a profit. One of the most common examples of failure is not using a trading system, not adapting to market conditions, not learning from mistakes that have occurred, using high expectations to make a profit.
#498
- December 19, 2023, 02:02:42 AM
Re: list the main causes of failure of forex traders
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Re: list the main causes of failure of forex traders
Ikhtiar
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Having a bad money manager will make someone fail in forex trading. If we know a lot about its performance, traders will understand how to trade correctly and I myself recommend it and remind them that a trader must use money management.
#499
- December 19, 2023, 02:28:44 AM
Re: list the main causes of failure of forex traders
Dyandra
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If you are not disciplined, don't adapt to the market, don't use the trading system well then failure will always come to you, so you have to be able to prepare it all well before you jump in using a real account.
#500
- December 22, 2023, 05:34:15 AM
Re: list the main causes of failure of forex traders
Vernalta
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There are probably many reasons why we always fail, namely: Are we not using the correct trading system, using the wrong trades, using emotions, not managing management and not being disciplined emotionally or technically
#501
- January 19, 2024, 02:10:30 AM
Re: list the main causes of failure of forex traders
Ikhtiar
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When we don't stick with our trading system then we fail somewhat. Being loyal to a trading system or strategy has become a must for every trader. Because if you frequently change trading strategies and even every time you want to open a position, you end up being hesitant and confused about which system to use because there are too many.
#502
- January 19, 2024, 02:13:57 AM
Re: list the main causes of failure of forex traders
Dyandra
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not using risk limits properly, not using market conditions appropriately, not using management well, all of that is something that will always make us fail in the future
#503
- January 20, 2024, 03:32:01 AM
Re: list the main causes of failure of forex traders
Vernalta
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not using psychology, not using management, not being adaptive to market conditions, not using an original plan that you made yourself, that is a form of mistake that must be avoided
#504
- January 22, 2024, 05:02:25 AM
Re: list the main causes of failure of forex traders
Dyandra
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If you don't want to fail, first you have to limit your risk. Second, focus on market conditions. Third, you have to learn psychology. Fourth, you have to maintain risk management and your money.
#505
- January 23, 2024, 04:31:35 AM
Re: list the main causes of failure of forex traders
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Re: list the main causes of failure of forex traders
Ikhtiar
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We failed because we hoped we would achieve big profits at that time. However, what happens is that the price doesn't match and we lose. In my opinion, don't give up when you fail and keep learning again.
#506
- January 23, 2024, 11:24:32 AM
Re: list the main causes of failure of forex traders
Vernalta
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You must be able to adapt to market conditions. You must be able to use good risk limits. You must be able to control your psychology using a plan that you make yourself.
#507
- January 24, 2024, 04:28:03 AM
Re: list the main causes of failure of forex traders
Dyandra
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The point here is that you have to always learn. You have to be able to trade well because only in that way the possibility of success will definitely make you comfortable to get something.
#508
- January 25, 2024, 03:40:15 AM
Re: list the main causes of failure of forex traders
Vernalta
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You should be able to learn with your own techniques. You should also be able to learn to use market conditions as your analysis. Learn to manage management. Learn to regulate your own emotions.
#509
- January 27, 2024, 12:13:48 AM
Re: list the main causes of failure of forex traders
Dyandra
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there are many things that make us fail, not being disciplined, not using our own trading plan, not being able to adapt to the market, using high expectations that are not in line with our abilities
#510
- January 30, 2024, 03:04:04 AM
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