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Topic: why many traders(including me) not getting success - page 14. (Read 2228 times)

full member
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even though we see a lot of videos read books and know that if we do this, we will be profitable but at last we do same mistakes and lose what could be the reason
1) practice and experience
2) with fear of losing or missing profits we just f*** our trades
3) patients
4) or what other reasons could be?Huh?? please comment   
success is not about how we are making the money the day for success is how we handle our money that we have in our hands and how we are saving it if you have low earnings then we need to know how to handle that if we know that kind of things then it will be very easy to be a successful person in life.
legendary
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4) or what other reasons could be?Huh?? please comment   

How long do you trade now?

Achieving a success in trade will not happen overnight. At some cases, it takes years as different trend can happened year by year resulting in different way of making strategies just to deal on those.

Just move forward. More importantly you must learned from your mistakes and take that as a foundation on better trading experience. The dominance of bear market for a long period of time now might be the key reason why new traders are having a hard time learning the way they really want but don't take that as a reason to give up and think that nothing good is happening.
legendary
Activity: 1806
Merit: 1521
even though we see a lot of videos read books and know that if we do this, we will be profitable but at last we do same mistakes and lose what could be the reason
1) practice and experience
2) with fear of losing or missing profits we just f*** our trades
3) patients
4) or what other reasons could be?Huh?? please comment   

It's not just you. Most retail traders lose money and give up. I've been in some trading groups over the years and there's a very high turnover rate. Most new traders go into it blind and make a bunch of losing trades (or blow up their account) and give up.

For reference: Reasons Why Forex Traders Lose Money
Quote
A commonly known fact is that most forex traders fail. In fact, it is estimated that 96 percent of forex traders lose money and end up quitting.

The biggest reason is lack of risk management. Bad traders FOMO buy and panic sell without regard for technicals. They take high risk/low reward trades and then they let their losses run.
legendary
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I assume most traders fail to success because of lack of knowledge and experiences. Experiences means learning from the each trading condition, market, mistakes, and other factors on trading. While Knowledge is related to the basic and technical strategies. Then, it will guide us to know proper strategy to apply and what trading type is fit for us.  
legendary
Activity: 3374
Merit: 3095
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There are many reasons why some traders not getting success in trading.

Read the thread below to add them in your list.
    
- Top reasons that leads to fail in trading

newbie
Activity: 22
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even though we see a lot of videos read books and know that if we do this, we will be profitable but at last we do same mistakes and lose what could be the reason
1) practice and experience
2) with fear of losing or missing profits we just f*** our trades
3) patients
4) or what other reasons could be?Huh?? please comment   
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