showrov1993 Posted February 11, 2014 Share Posted February 11, 2014 Dear buddy in my think of view the cause of losses reason it is 1-lack of knowledge and experienced2-for greediness 3-for emotions4-without knowing the market trend5-trade without know news.and have lots of things. do you know that? Quote Link to comment Share on other sites More sharing options...
waseemilyas Posted February 12, 2014 Share Posted February 12, 2014 The main cause of loss is to greedy so avoid it and try a different think like little profit some times in greedy we are in more loss inctead of profit which is due to greedy so i think avoid this its demage yourself and also your bussiness. Quote Link to comment Share on other sites More sharing options...
waseemilyas Posted February 12, 2014 Share Posted February 12, 2014 the main cause of the loss is the shortage of the knowledge about the forex if we have knowledge then can make trade successfuly without any problem it is not difficult for us if we havr information about the forex we can make huge profit in the forex Quote Link to comment Share on other sites More sharing options...
tray22 Posted February 21, 2014 Share Posted February 21, 2014 That is very true the shortagw od knowledge can be the reason why forex traders do fail in this business so there is a need for any trader to learn and understand the full concept Quote Link to comment Share on other sites More sharing options...
standart Posted February 21, 2014 Share Posted February 21, 2014 lack knowledge not enabling traders to analyze the market and make good trading decision. so, if traders decide to trade in live account but have no appropriate knowledge about market, they'll many many losses than see that they able to generate profits. no knowledge mean traders need to take practice and learning. and not trading in live account and chasing real profit. Quote Link to comment Share on other sites More sharing options...
tray22 Posted February 22, 2014 Share Posted February 22, 2014 There are so many reason why we loss in forex trading because from what i know if you dont have proper knowledge in forex trading then i doubt if you could make a single penny in forex trading this is the market that need your hardwork Quote Link to comment Share on other sites More sharing options...
adil007 Posted February 23, 2014 Share Posted February 23, 2014 Well yes indeed I agree with the thread starter that it is not only due to one main cause that we have loss it is a combination of factors due to which we have a loss in our trading in fact, so we have to focus on improving all of these factors so that we do not end up with loss every time. Quote Link to comment Share on other sites More sharing options...
somupriti Posted February 28, 2014 Share Posted February 28, 2014 Dear buddy in my think of view the cause of losses reason it is 1-lack of knowledge and experienced 2-for greediness 3-for emotions 4-without knowing the market trend 5-trade without know news. and have lots of things. do you know that? You have cited some good reasons for which traders at beginner stage as well as at the latter stage do suffer from loses. Also I will like to add another internal factor which is quite subjective and it is analytic power of a person. So beign anallytic is a vital internal asset of a trader to analyse the market with meleable foresight. I use the word meleability here because one have to adjust according to the market in the long run but not with his projected presumptions. Quote Link to comment Share on other sites More sharing options...
Decub Posted March 1, 2014 Share Posted March 1, 2014 The number one thing that causes losses is lack of knowledge. When a trader lacks that trading knowledge, it will be pretty difficult for the trader to make anything out of Forex. It wouldn't be an overstatement to say that a trader who has no knowledge is bound to fail in Forex because there is simply no way he can attain success. It is a simple and straight forward rule that applies in Forex. Quote Link to comment Share on other sites More sharing options...
Redoy94 Posted March 3, 2014 Share Posted March 3, 2014 The main reason for lossing in the forex trading the trader are not following the trading rules and also they are not following money management for their account.If they are following money management for their account they are never loss in the forex trading.For getting success in the forex trading is main thing knowledge and discipline. Quote Link to comment Share on other sites More sharing options...
Stekin Posted March 3, 2014 Share Posted March 3, 2014 The main cause of loss is that the traders who are trading in here is not having the enough forex trading knowledge to trade in the business. This thing will make them not to be having the skills that they will use to make profit from their tradings. If the trader wants to control the type of loss that he or she is making, he or she should be able to learn how to do risk management. Quote Link to comment Share on other sites More sharing options...
Bonnie Berry Posted January 23, 2015 Share Posted January 23, 2015 Sometimes lacking confident is one reason why we just go into a losing mode but also that comes when we don’t know what to do or have any knowledge and experience so there are so much that goes into making us lose. I can be sure about one thing which is that I will never lose completely due to OctaFX broker; it has given me excellent back up system with rebate service where I can earn up to 15 USD per lot size trade. Quote Link to comment Share on other sites More sharing options...
myregister Posted January 25, 2015 Share Posted January 25, 2015 First you are in such a hurry to earn money, many new comers that i met always have this kind of issue, second emotional control. Even they are such a good and potential one, but because of their greediness, their next trading become such a hell that makes them loss. Last, because of wrong misconception about forex. Quote Link to comment Share on other sites More sharing options...
rizwanramzan Posted February 7, 2015 Share Posted February 7, 2015 According to me the main cause of failure of a trader is lack of knowledge. Many new traders become greedy and start trading without having knowledge. In this way they have to face loss in their business. Hence we can say that lack of knowledge is the main cause of failure of a trader. Quote Link to comment Share on other sites More sharing options...
myregister Posted February 10, 2015 Share Posted February 10, 2015 LIke what i said that is because they are such in a hurry, if only they want to be more patient with theirselves and also keep trading without much dream about being a good trader i am sure they could minimize loss. Mostly because of greed a trader cannot sustain their career in forex industry. Quote Link to comment Share on other sites More sharing options...
aliforex Posted February 13, 2015 Share Posted February 13, 2015 We will lose our money if we do not have good skills in forex, and we also do not has good understanding about it. We should learn and understand the risk so we will get maximal result. Quote Link to comment Share on other sites More sharing options...
myregister Posted February 13, 2015 Share Posted February 13, 2015 Our action is our biggest cause of loss, and this is normal while not also at the same time. Main cause of loss like misunderstanding of signal or lack of skill to interpret those signals is one of the causing of loss, but if we can control emotion which is our action too won't bring demise to us. Quote Link to comment Share on other sites More sharing options...
gaban Posted April 16, 2015 Share Posted April 16, 2015 many of which lead to loss in forex trading is because due to not having a good psychology. With this increased psychology will help us to be successful in this business. Therefore we try to continue to improve our psychology good, so it will enable us to succeed in this business Quote Link to comment Share on other sites More sharing options...
myregister Posted April 19, 2015 Share Posted April 19, 2015 For all of these can be assigned to a trader, meaning that main cause of loss are indeed much going on in the hands of a trader itself, whether it relates to emotions or minimal experience and also the inability to minimize the possibility of losing. Quote Link to comment Share on other sites More sharing options...
gaban Posted April 20, 2015 Share Posted April 20, 2015 loss caused by many things, such as we have a bad psychology when trading. Forex is a business that has a high risk, in order to minimize the risk then we need good psychology. to train a good psychology can trade using a small capital Quote Link to comment Share on other sites More sharing options...
myregister Posted April 23, 2015 Share Posted April 23, 2015 loss caused by many things, such as we have a bad psychology when trading. Forex is a business that has a high risk, in order to minimize the risk then we need good psychology. to train a good psychology can trade using a small capitalWell that is right i don't think that is something we should discuss futher because people indeed lose more of their money because of bad psychology, like fear when it is actually the right time to open a position or let our position keep floating. Actually to minimize the risk you need good risk managmeent also psychology alone won't help a lot. Quote Link to comment Share on other sites More sharing options...
Jimmy Cook Posted May 3, 2015 Share Posted May 3, 2015 You can’t put finger on just one thing because it’s multiple stuff that plays the role of a killer and that’s lack of discipline, knowledge, experience and skills at times, hence we should not blame one thing for loss but look at overview of the market to understand our mistake and look to correct it in time. I am able to correct all my mistakes with help of my broker OctaFX, it has superb demo account and that allows me to trade really well because the servers that are provided for it are quick and with that I can obverse the market and been a scalper, it’s a massive advantage to be able to watch the market and know where it’s going. Quote Link to comment Share on other sites More sharing options...
gaban Posted May 5, 2015 Share Posted May 5, 2015 loss are caused by many things such as lack of trading experience, in this forex then we need to multiply the experience by trading with small capital or trading using a demo account. With increasing trading experience will make us be trading well Quote Link to comment Share on other sites More sharing options...
myregister Posted May 5, 2015 Share Posted May 5, 2015 You can’t put finger on just one thing because it’s multiple stuff that plays the role of a killer and that’s lack of discipline, knowledge, experience and skills at times, hence we should not blame one thing for loss but look at overview of the market to understand our mistake and look to correct it in time. I am able to correct all my mistakes with help of my broker OctaFX, it has superb demo account and that allows me to trade really well because the servers that are provided for it are quick and with that I can obverse the market and been a scalper, it’s a massive advantage to be able to watch the market and know where it’s going. There are many things for sure just like you said with discipline, knowledge, experience and other things. Blaming for one thing is okay as long as you know what you said, i mean there are traders who has good knowledge but lack of experience yet they suffer losses because of that even they know what to do and how to do but don't know when to do. I do agree that we should corrected our mistakes and don't just blaming for it. Quote Link to comment Share on other sites More sharing options...
pepy Posted May 11, 2015 Share Posted May 11, 2015 There are many things for sure just like you said with discipline, knowledge, experience and other things. Blaming for one thing is okay as long as you know what you said, i mean there are traders who has good knowledge but lack of experience yet they suffer losses because of that even they know what to do and how to do but don't know when to do. I do agree that we should corrected our mistakes and don't just blaming for it. That is such a human nature isn't it? blaming the other factor just because we cannot make profit with ourselves, but i think that is right i mean an intelligent trader blame for something which become the fact, like maybe they still lack of experience or something like that. Quote Link to comment Share on other sites More sharing options...
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