Trading Discussion New traders often lose money

[Ivo Zetticci]

The new trader often doesn't know the proper way to trade and loses money in the market. Traders can set stop-loss and prevent loss from having a large amount of money in one trade. That's why most brokers, Eurotrader, offer traders free educational resources. This broker also offers MT4 & MT5 trading platforms with no additional charge during withdrawal.

 

[Sotherefore]

This is what most people do not really understand they just believe that trading of cryptocurrency or forex is just a get-rich-quick scheme in which it can be done by people who don't even have an understanding of how to do it ..Those who make an attempt to trade without having a proper trainin will lose their money.

 

[Suba]

Most beginner traders lack both skill and mental preparation or psychological preparation so that many of them (95%) lose. Many factors cause losses including Over Expectations, Mismanagement of Risk (many novice traders have accumulated small profits in each of their trading transactions but will be lost in one trade). So it is very important to always set a stop loss and set a reasonable profit target. About MT4 & MT5 trading offers by brokers, of course you already know the difference and how to use it, right?

 

[Wisdom01]

I think without proper strategy it's very impossible to earn from the market ,you need a strategy to actually denote and Know when to exit the trade and place the trade properly ,that's the first basics when it comes to forex trading that need to be known too in different ways

 

[Good luck]

You are very right most new investors may likely lose a lot or huge some of money because the skills to trade is not there.you must have a very good broker to be able to trade and make good money.Good orientation of a business is very important to avoid any loss of funds as a starter.

 

[dagm]

This is what most people don't realize; they mistakenly believe that trading cryptocurrency or forex is a get-rich-quick plan that can be carried out by those who don't even know how to do it. Those who attempt to trade without first receiving sufficient training will lose money. and make train first

 

[Dita Walczak]

New traders have less knowledge so they are more prone to losses. To trade, you need to trade with money management and risk management with discipline and plan. Eurotrader training centers help a lot in building this knowledge.

 

[Jack Reacher]

It is inevitable to lose money when trading forex. Being a forex trader and losing money and trade is commonplace for me. Anyone who trades in forex for a long time can not avoid declaring that they lose money here regularly. Both losing and winning are essential of trading in forex. The truth is that you cannot guarantee a win in this case. In any event, you have control over the number of losses you make. I've learned lots about money management from Eurotrader. If you follow the proper risks management guidelines, you can be able to remain long enough in this market and still be able to survive. Their broker provides very efficient educational tools.

 

[Setho]

There is a very popular saying within the forest community that you are not actually a born to die if you have never blown up an account before. There are a lot of people that have made successes without so much significant failure but I believe that a greater percentage of people will agree that there is sufficient you are actually going to learn from loosing first. This is going to force you to employ the right risk management criteria and also you are also going to be able to handle your emotions in order not to over trade or hold a position for too long.

 

[Zonked]

To be successful in forex trading, you will need to have a system in place that allows you to trade the forex market. Success comes with a lot of hard work and a little bit of luck. You should never get discouraged if you have a losing day or even a few losing days. Focus on learning your mistakes and try to come back stronger.

 

[elit]

I think without proper strategy it's very impossible to earn from the market ,you need a strategy

 

[Ponmo]

Not just new traders but experienced traders also lose money. And honestly, there is nothing wrong with it. Losses are as important as profits. They might not get you any money but they definitely teach you important lessons that are sometimes more important than making profits. They save you from repeating your past mistakes so that you can move ahead with a consistently profitable trading career.

 

[destinyrim]

The most common reason for new traders to lose money is not working on risk management. As they have so far only traded on risk free demo accounts they find it difficult to adapt to the live market. That’s the reason I used a micro account with finprotrading before going big on live.

 

[tetramorium]

There are numerous reasons why traders lose money. But the most common one includes the inability of the traders to control their emotions. When they choose greed over facts, they tend to lose money.