why majority of traders lose money?

[мистер Лео]

Lack of discipline, practice on a demo account, and knowledge is the reason why the majority of forex traders lose in the forex market. Along with these reasons, I think using leverage without proper risk management gives rise to losses that are often hard to recover.

 

[antwanmcdonough]

With forex trading being a serious business, I believe losses are normal and natural. As you cannot move ahead without a loss, you better find ways to keep trading if you lose your money. It’s important to be sure about what you want to do and how you want to do it.

 

[Christine Ramon]

It is logically inevitable that there will be losses in inexperienced trades without good experience. However, I believe that the psychology of the traders and the success in their trades are directly proportional. First of all, when you are sure that you are really ready for this with the experience you will gain with demo accounts, your chances of being successful in your transactions increase with the right market follow-up.

 

[trade3925]

The majority of traders fail because they lack love for the game. Think about it. If every loss you take, every bad decision, every time you should have taken profit but got greedy and then had the trade come back against you, every time you took profits too early because you were fearful that the market would take all of your hard earned pips...if all of that just amounts to learning experiences because you love the game and you want to get better just for the love of trading...how can you NOT become successful?

"Do what you love and you'll never work a day in your life"

 

[InnerMarshal]

Lack of discipline and consistency are the major reasons to lose in Forex. When a trader is not punctual and disciplined in his trading and learning, there is no way he can succeed in the market.

 

[lucaah]

Many sources claim that more than 90 per cent of the traders lose money in the forex market. And it is true, sadly. It is because of the fact that traders do not have patience and discipline in trading. They do not pay enough attention to the fact that knowledge is necessary in the forex market. Lack of emotional control, risk management, and skills makes them lose money.

Yes thats true

 

[Clapboard]

Due to poor risk management and zero planning abilities, many traders lose money. Everyone enters this market with the aim to make good profit. Often, they wish to earn quickly which doesn’t work out due to rapid market shifts. Traders need to develop patience, self motivation and continue to try to achieve success.

 

[Hootenany]

There could be several reasons for the majority of traders' failure. One of them is a failure to constantly educate oneself. When you stop learning, you are on the verge of failing.

 

[tuantuanlq]

With forex trading being a serious business, I believe losses are normal and natural.

 

[Skyscraper]

Forex trading is a highly speculative activity and carries a high degree of risk. Many traders fail to appreciate this and become over excited with the prospect of making quick profits, which leads to them making poor decisions that can result in them losing all their capital.

 

[V3rona]

Smart money concept this is a big problem, peoples think that if you learn this then you will be profitible

 

[abing430]

you need to understand that Forex Trading is a Legit business... it has it RISK just like any other business.. if you want to learn this business, you need to invest in yourself first.. equip yourself with knowledge...

 

[BinarySumo]

There are several reasons why traders lose money. One reason may be lack of education and understanding of financial markets. Another reason may be inadequate risk management or overtrading. Emotional trading decisions and not having a solid trading plan can also contribute to losses. It is important for traders to thoroughly educate themselves and develop a disciplined approach to trading.

 

[ohleclaire]

Poor trade management and risk management. And it often it's caused by not having your emotions under control and not following your plan (you must have one if you don't).

That is explained absolutely correctly. Furthermore, most people are too greedy. Losses are not accepted!