Why do newbies lose?

[Dita Walczak]

Newbies need education to form themselves. Newbie traders prefer buying paid courses at their first attempt but I am not in favor of this decision because easy internet availability has made it easier for us to strengthen our basics. But I would suggest them not to go for paid courses directly before finishing the available free courses.

 

[moonchild]

Newbies lose because that's just how it is in most careers, if you're just getting started in anything you're bound to make a lot of beginner mistakes because you don't know jack, but with time you're going to get better and laugh at your mistake, you're going to look at your old self with contempt, because it's unbelievable.

That's how everyone started, by making mistakes and learning from the mistakes, it takes time to become a professional in any type of skill, it's good to find a good coach to teach you and show you the ropes so that you can succeed even faster.

 

[FinTrader]

Beginners lose in Forex because they often come here to make a lot of money quickly, with minimal knowledge. Therefore, their trades are often chaotic, without risk control, and trading is often carried out on emotions. Because of their haste and greed, they do not want to spend a lot of time and effort to learn and create their trading strategy. Therefore, such trading will always be unprofitable.

 

[FXOchartist]

Losses in forex trading can occur to all traders, not only beginners, because forex trading is not easy amidst dynamic price fluctuations, high market volatility provides opportunities to gain profits in trading and there is also the potential for losses there. However, most beginners still experience many mistakes due to their lack of experience and knowledge in forex trading. Therefore, it is recommended that beginner traders take advantage of broker facilities by learning and practicing using a demo account. I personally trade at FXOpen, sometimes still using a separate demo account and also working on a real account.