Thread: Why 99% of traders lose money

The trick to trading is using a deep understanding of how the markets actually do the job. As soon as you learn how every market on the planet is manipulated beyond comprehension, trading becomes easy.

I agree, generally, the ignorance of the trading egy contributes to great losses. In addition, in my opinion, not monitoring the news and too little comprehension of the Forex market.
In the event that you lost once, don't panic and in the end eliminate everything.
Change egy, start thinking differently, etc..
Good fortune.

We're trading against the Banks...

Hi to All.. .been reading previous post and agreed of a few remarks, but please understand, the main in trading is a Good egy and DISCIPLINE.
I have been investing for small over 10 years, and watch many traders loosing due to chance of field....and agreed also with KaroNowak. . .track the news !
Good Luck to all!

Traders loose money for a many reasons....Discipline is first. . .Carefully choose your broker, be sure is controlled)) there's so many hidden items Broker can perform, beginning with VDP ( Virtual Desktop plug-ins) to keep your money. . .Do you prep. . .do not waist your time opening accounts with unregulated brokers....Good Luck !

Originally Posted by ;

Boys trading is a serious issue. It is a job. Do you believe that from the healthcare forums there are talks called why 90 percent of cardiac surgeons kill their patients? . No. And do you understand why? Since that man to become a cardiac surgeon chose at least 10 decades of study. And how long are you studying? Here because. Since 90 percent requires it as a game, a simple way to make money, like having a casino in home. And like in the casino the bank always wins. Finest

That is the true story! Yes, there is nothing like shortcut manner of success in any field! Problem is, a number of new Forex traders try to make huge money automatically without understanding; that is the main reason why more than 90% traders are struggling.

Originally Posted by ;

quote That is the true story! Yes, there's nothing like shortcut way of succeeding in any field! Problem is, numerous new Forex traders attempt to make substantial money automatically without studying; that is the reason why more than 90% traders are struggling.

This really is a misconcept you composing, actually.
Simply because you play with basketballs with your friends 2x a week, it doesnt make you a basketball player. And most certainly it doesnt mean you are struggling in the NBA/pro basketball to make a living.

With 100 $ and a cent/demo account does hardly qualify anyone to be a aspiring trader, and of course a severe, fulltime trader.
Thus one should ben't measured to them, should not compare them.
Just like not everyone who played basketball is a basketball player, from all this equation ought to be left outside to be called trader all whom never had a distant possibility, for lack of whatever reason, take time, talent, discipline, or capitalization, to ever become a trader.

At best many of the small scale losers are more a recreational gambler than a trader, as is.
They get the kick from it as long as it last, and walk back to do whatever they're doing to make their living.
Some consider it to another enthusiast level...
the basketball players it is buying nike air jordan, a recreational gambler the newest EA.
Nor will help get nearer to be in pro level. And most, deep at the center very well know this.
But if you want the sport, you keep playing basketball.
And if you like the excitement that 'trading attracts' you maintain your small scale recreation gambling habits.

Give most demonion warriors 10k real cash and a opportunity to produce a full time living or have no food to eat to the month. . .and see how lightning fast goes the cause happy confidence, how fast wash away the huge words of risk:rewards, and the way keep risking of 'just' 5% a commerce fade to worry about the uncertain.
Without actual, serious ailments, it is extremely unlikely one will go thru to change the customs which have to need to endure ( and perhaps prosper) trading.

PS: chosen basketball, of course the comparison stands for lots things...

Originally Posted by ;

PS: picked basketball, obviously the contrast stands for lots things... gee im not to sure about the basketball event. . In basketball you get to play and go a couple of like minded friends. In trading you play against the expert traders everytime. Sure, an individual can do it with that knowledge and just enjoy the trading, but nobody should be under the illusion that they get to trade and go with a few like minded friends.

Take the parts from the example:

- maybe not everyone has what it takes to be a 'trader'
- being in a position to place a transaction, win some-lose some not equal for a 'trader' in the sense as complete time/pro
- with some of those instruments to utilize wont make a man 'trader'
- doing something for a living like 'trading' needs serious devoted time, and attempt
- to turn into a complete time 'trader' you want the a company like take.
- as in any company, 'trading' has funds requirement, that somebody playing part time not willing to devote the majority of the moment
-
as you are, you play against the 90 percent non-pro too ( if you take that 90 percent of 'traders' lose). . .so, obviously on that analogy you play largely like-minded friends should you wish, and according to same stat that's far outnumber the experts. Thus, in that respect that which you exchange against?
But demo trading is a perfectly level playgrournd for the like-minded friends to play, and even offer you some favorable ( no deposit required) competitions.

Anyway, I am back to play on my playground, just watch your wallet when we meet there

Just wondering, how a Lot ofnigeriaforextradingmembers actually make it into the 1 Percent

Men, losers are 99.99%, not only 99.00%. It's a massive difference.