Survey: Why 90% traders failed? - Page 3
Page 3 of 505 FirstFirst 12345 LastLast
Results 21 to 30 of 41

Thread: Survey: Why 90% traders failed?

  1. #21
    But at least 50% must lose otherwise the market would not proceed, right?

  2. #22
    Hey I check all of the box!
    U know why 95% fail? That's because this games is layout.
    What's our chance here at this dumb games?
    1. Too much volatile
    2. News manipulation
    3. Political Event
    4. Internet link
    5. Server difficulty
    6. Greed and Fear
    7. Human error a
    8. Low capital h
    9. Low economic knowledge
    10. Low chart comprehension
    And so much more!!!!!!!
    Which among your indi/startegy can filter out this?
    Plus (from elitetrader com)
    1. It took me a long time to figure out that no one understands the market does exactly what it does or where it's going. It is a delusion to think that you or some one else can know where the market is currently going.
    2. It has taken a long time to me to understand that nobody knows when the market will move. There are many people who write newsletters or books, or instruct conventions, who will inform you they know when the market will move.

    What I'm saying here is your RISK..RISK. .RISK. .RISK. .RISK. .RISK. .
    FF should put this phrase in rather big size in front of the net not the term RICH..RICH. .RICH. .RICH. .RICH. .RICH. .RICH. .RICH. .

  3. #23
    Quote Originally Posted by ;
    But at least 50% must shed otherwise the market would not move, right?
    I believe it is not only trader that commerce currency, and currency involve many thing, Forex trader is just one of em. If the gbp-usd moves 100 pips, thats only count about a penny in goods price. So actually, many forex traders do bankcrupt as a couple penny movement... silly is not it?

  4. #24
    Either one variable or all of the factors responsible for reduction in trading.
    Insufficient time for the understanding the markets, or trading to get rich too quick, or decisions taken from heart rather than brain.



    Quote Originally Posted by ;
    Helo FF members,

    I am doing a questionnaire most traders lose money. There and here mentioned that 90 percent of the traders failed. Are they neglected due to thier trading procedure? unskilled? Or money management? Deficiency of information? and etc..

    The traders says Trade with the trend, Cut your losses and let your profit operate, Currency management etc.. But we failed?

    I appreciate if you can please tell me the reasons so we newbie can learn for the professional that the ideal way/attitude to trade the Currency Market.

    Thank you.

    QS.

  5. #25
    Hi
    as u know,there's a lot of charts,n2,meta,... an they are distinct in h4,daily and weekly open and close and this induces differences in trend lines.
    which chart do u use? and why?

  6. #26
    In my opinion, so many traders is neglect since... Currency Market is very unpredictable.
    Being for some time in gaming, I must say, some kinds of betting predictable then Currency Market. It is very posible in some kinds of sports produce complitly mechanical system and it will work (I know this for a fact). Not so in Forex.

  7. #27
    It was panic. When I first started trading, I only had 2500 that I had been trying to live off of so that I was afraid to take any long-term risks. I wasn't losing money but I wasn't making much either. When I decided to let my funds grow and get a part-time job my forex account climbed to over 40,000 fairly fast. I had to understand money management and overcome my fear of losing cash.

  8. #28
    I can tell because I fail, I noticed the many of populars trading strategies, can let a trader have profit everyday, but what happen when I close a situation in profit? I state:

    -Well, I've taked the profit!! I've done a good trade!! My idea to buy/sell was great! Let us find another opportunity, possibly in a different currency, to have another profit!!
    Subsequently, I notice another good setup, and enter. . And after a while, I shut again in profit!! And I state:
    -Super!! I'm very excellent I'd like to locate another setup to take another profit when possible! (I enjoy it quite much)
    And exactly what happen, there aren't very great setups, maybe the market isn't treding or there's absolutely no breakout and no 1 news until the next day, but I have to produce profits!! Let us see some currency that haven't a setup that is good, but have a inadequate setup. . And I find no one, therefore I think: well start looking for a emacross in certain currency, I just wish to put in the market!!
    At that stage, I enter into the market, but my subconcious state to me: hey, why you're entering? This isn't an excellent setup, surely your (my) sl will be hitted! Why you can not wait! (I answer myself: I would like to trade, I've done a great profit now, so I can also have a reduction, so I don't care! But if that will be another profit, I will be more happy!!)
    And, in this time, the sl is hitted, also I have a loss (not a major loss, due to great MM).
    Now, that is the point of today: 2 wins, 1 loss. .
    I think: maybe if I had been giving significance to what my subconcious told me, I was not entered in the market, and the situation now was: 2 wins, 0 loss!
    Damn, I have to shut my trading day with almost a different win, I can not accept to have done a so dumb error!! Enter in the market just because want to trade, knowing in advance that it was a likely bad signal... stupid error!
    Now I have to broke my MM rules (buy/sell major amount), to let the next win give me BIG profit to cover the loss!
    However, what happen? The market don't give clear signal, again like the last time I entered (that I needed a loss because of the dumb mistake ). . However, I have to enter, because I need the previous profit of the day!
    Okay, let us do again the stupid error, but this time with no good MM. .
    And, as you can imagine, there is again a loss, now larger then the very first, that consume all of my day-profit, and permit me to shut the afternoon in a large loss!!

    The thing is, it's not too tough to take profit from the market, the hard things come when you take profit from the market, and now you need more. . Want more!! Such as the bob marley tune titledwant much more


    This is where I do errors, I believe maybe other traders have a similar situation (for example my father trade too, and he have this situation too!)

    What I'm doing today, is commerce and trade and commerce again (on demos), I wish to trade a lot, and permit me to despise the trading, let the trading boring me, so 1 day I will trade just when and because there is a good setup! And I'll go again!

    Thanks for read

  9. #29
    I believe traders fail because they look at a chart and go this is simple. !
    Additionally, emotion is severe. I know I cant trade live. I'm a basket case. I have done only a couple of hundred transactions and find it stressful and overly difficult. I just automate my transactions and look at the account in the endo of the afternoon. It requires most of thel human emotion out of the situation. If you invest any time, go for automation. Thats the key for your future.

  10. #30
    Lack of Knowledge can be learnt by using momey ( I've attracted more than four novels just to increase my understanding and have see a lot of forums)


    However, to me the actual FX demons are Greed and the lust for shortcut are the ones which brings me down in $620 USD to $320. I am not scared to say that because I need this to be a lesson for me. Though that is why I create a thread on how to curb this Greed and lust I am trying hard. lol

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
This website uses cookies
We use cookies to store session information to facilitate remembering your login information, to allow you to save website preferences, to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners more information