moonchild
VIP Contributor
Go on any European forex broker and you'll see it boldly written on their website that most traders fail and lose money , why do you think this is so, is there a reason why most people that attempt to trade the forex market end up losing money and closing their accounts with the broker.
I think there's a reason, and it's very simple to figure out, the moment you see it, you can't unsee it, now let's do a quick assessment, if you're a forex trader and you've been trading for a while and not withdrawing any money from the market, it means you're part of the statistics.
To find out why you've been losing money all these while is very simple all you have to do, is go over to your broker and download your account statement and plot your charts with all of the trades you've taken.
you'll find out that you have a good winning rate, you hold on to your losses, you exit quickly when you're in profit and you also average down on your losses, to fix this is very simple, all you have to do is to start doing the opposite of that you've been doing.
I think there's a reason, and it's very simple to figure out, the moment you see it, you can't unsee it, now let's do a quick assessment, if you're a forex trader and you've been trading for a while and not withdrawing any money from the market, it means you're part of the statistics.
To find out why you've been losing money all these while is very simple all you have to do, is go over to your broker and download your account statement and plot your charts with all of the trades you've taken.
you'll find out that you have a good winning rate, you hold on to your losses, you exit quickly when you're in profit and you also average down on your losses, to fix this is very simple, all you have to do is to start doing the opposite of that you've been doing.
