Why #forex #traders loose ? connect to me over skype - hari7fx 1. Do not have good idea about forex. Starting forex trade do not have enough knowledge about forex. Starting any business you have to great idea about this business. You have to know how many risk and profit. If you do not know risk and profit ratio so you will make your account zero. 2. Forex is not possible without merit and proper knowledge. So If you start forex trading without proper training and idea of course you will make your account zero. You can learn forex from many blogs, forum, online vedio tutorials and many online learning source. 3. The number three cause of forex lose is emotion. If you don’t able to control your emotion so you will do your account zero. 4. Discipline is a great success rules. If you avoid your trading discipline so you will make your account zero. 5. Don’t take record your previous lose. If you record your lose so you will be able to under stand why you are losing. If you don’t take record so you will make your balance zero more times. 6. Investing time to behind holy grail. Do not have nay miracle in forex. Without any great system and analysis you will be failure in forex. 7. Doing your trading system complicated. Many trades doing their trading system complicated by many indicators and join system. If you use many complicated system you will make you account zero. Forex success is a simple way. 8. Do not fix your trading plan. Before trading you have to fix your trading plan. You have to fix your trading system and time. Without trading system and fix time you will make your balance zero. 9. Over risk is a great cause of balance zero. You have to fix your trading risk befor opening trade. If you take 1% risk a trade so you can open many trades and if you take 50% risk a trade so you will make your balance zero quickly. 10. Over trade is a another great cause of balance zero. A successful trade don’t trade always. Sometime open trade in maket is full risky. You have to away from trade this time. You have to out from trade when your daily trade will be completed. If you lose one or two trade so stop trade for this day. 11. Open teade in a short distance. We open many trade in a short distance. When we go to lose a trade we open more trade in short distance. It is a cause of making balance zero. 12. Forex trade is a cool environment business. You have to think fully before opening trade. Sometime we trade by mobile in a car or road and outsite of home. But it is not right. You need a cool environment for trade. If you open trade without any idea it will go to fail and making balance zero. 13. Not use stop lose. It is a another reason for making balance zero. Stop lose is a main thing of Money Management in forex. If you want to trade long time in forex market so you have to use stop lose every trade. Ootherwise your account will be zero. 14. Use lower timeframe. Most of the new trader use lower timeframe such as 5/15/30 minites. It is an another reason for making account zero. Do not possible to understant market emotion by lower timeframe. If you use higher timeframe you can understand long time market emotion and movement. 15. Opening trade agaist trend. If you open trade agaist trend so you account will be zero. Successful trader maintain trend for trading. Of course you have to follow market trend. 16. Use colorful many indicators. You have to use simple indicator You can get many colorful indicator’s advertisement and grab it for making your balance zero. 17. Do not use forex Robot. You buy forex robot by see gorgeous advertisement and if you use robot in forex trade you will make your balance zero. 18. Do not use take profit and stop lose strongly. Someone remove stop lose when it is close to hit so they fall bing lose slowly. Someone close trade 20 pis when trade go to profit which trade take profit was 50 pips. Do not do it. 19. Do not use support and resistance. A successful trade analyze support resistance before opening trade. Cause technical analysis follow support resistance. 20. Over confidence. You need confidence for trade. Continue confidence comes over confidence. If you open a big lot trade by over confident so you will lose by this big trade and your balance will be zero. 21. Changing strategy more and more. It is a bad habit for forex trade. He always search strategy if you have any successful strategy. Do not do over expect. 22. Starting forex trade as a profession. You have to learn fully forex trade to take it as a profession. A new trader can’t be success in forex to take it as a profession. 23. Forex is a business. Every business comes a profit by your business. Forex trader expect over profit according to his investment. You have to do profit according to your investment. If you do 10% profit according to your investment so you will be success. If you want to do 100% profit by month so your account will be zero. You can’t do 100% profit from any real business. 24. We trade forex by two currency. Here two countries economic environment depends on trade. Sometime it can move big. So we have to give emphasis about fundamental news. If you do not take care about fundamental news so when market move big your account will be zero. #snfinancials #CYSEC #Fx #Forex #traders #win #Income #extra #capital #investment #Europe #Solvakia #Germany #France #Spain #Cyprus #Austria
Posted on: Wed, 05 Nov 2014 11:58:46 +0000
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