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What are the main causes of loss in Forex?


Upoctin

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Losses in Forex can be due to various reasons such as inefficiency in trading, reliance on signals, trading aimlessly, trading with high risk, lack of trading strategy, lack of self-confidence, etc. Also, not doing market analysis while trading, not doing good money management, not doing proper monitoring while trading can also cause loss.

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A big percentage of unprofitable traders are going wrong in the area of trading psychology. We have a lot of biases and faulty thought processes as human beings and it is important to be aware of these and notice if your emotions are interfering with the trading process.

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Some beginners start their trading and choose a broker's trading accounts, not understanding how to work with them, and it is very convenient, as the Amarkets broker presents all the trading conditions that are registered on its website.

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there is a lot oor reasons to loose, to many to enumerate to be honest, but lets put it simple as forex trading being a never ending process of learning, every day u learn something new,  i have traded 10 years with various brokers, longest with hotforex and i still think i lack a lot and continue to learn

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this concept can easily be attributed to the naivety of the trader himself as a beginner, because everyone hopes for easy money, which is not here, you can simplify your work only by working with a quality broker, such as Amarkets, an excellent option for both a beginner and an experienced trader, and fast payments will delight you every time

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1. Poor forex trading knowledge
2. Lack of good forex trading mindset

3. Poor trading Strategy
4. Trading with greed and emotions
5. Trading in high volumes
6. Trading large lot size
7. Using very high leverages
8. Trading in times of high Market uncertainties
9. Trading in times of high impact news without giving them consideration
10. Revenge trading after getting some series of losses

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