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How much trader lost in Forex before they start profiting?

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2:54 am
July 30, 2013


JHONTY FX

Member

posts 27

Most of the 90% of traders that lose money in the Forex market lose ALL their money before they ever become successful traders. Then they focus their attention on convincing the world that Forex is a scam.

The issue is that there are many elements of the Forex market that the new trader does not bother to learn.

Proper use of leverage
Risk management
Money management
Margin call strategies
Technical indicators
Fundamental analysis
The impact of fear and greed
and the list goes on …

They loses their money because they treat the Forex market the same as they treat a blackjack table … and you know how that works.

My experience is that the Forex trader that invests that appropriate amount of time and attention to studying the market intricacies foirst has a much higher percentage of success.

3:01 pm
August 26, 2014


Muhammad Perkins

Member

posts 39

Its completely our self build problems or things as when we start thinking too much we create problems that is not there at first place so we should never discuss these kind of things as we don't have to lose a penny if we are good enough as for losing demo account is there not real.

10:25 am
August 29, 2014


Jamal Mia

Member

posts 42

Before being an Experienced and technically Skilled trader, and before making profits in Forex live trading, Traders usually lose their trading balance so many times. I have seen so many traders who lost their trading balance several times when they were new in live trading. By the way, after losing my trading account for several times, Now I am trading with OctaFX broker safely and making enough profits.

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