Why do Forex Traders Lose Money

[Smith89]

Forex traders who greed a lot are not able to make some good money because they lack in knowledge and also in some risk and capital management issue, also reading the market is important, those who do not does taht are not able to make gain easily, at the start everybody looses but as time pass by they start gaining and gain confidence too..

[blessedisrael95]

The isue of Forex trader's lossing money is very common and it is becoming very rampard in the Forex trading world among newbie's and even professionals. there for trader are looking vigorously for way of not loosing money why trading the Forex market but i most say that there is no Forex trader that does not loss money while trading the Forex market but the champion in the long run are the trader which their loss are far lesser than their profit at the long run.

[rizal83]

many traders who lost their money in forex trading, because they do not have a good preparation before starting forex trading and they also rely more on luck only do they have to do forex trading without the use of knowledge, but if we do trade with knowledge good and also we can arrange trades with good risk, then we can avoid a loss that will happen and we will also be able to generate profits from forex trading,

[blessedisrael95]

Lossing money in Forex trading is like part of the business every Forex trader losses money in Forex trading. and one of the reason why Forex trader's loss money in Forex trading due mainly to the reason of lack of adequate knowledge on Forex trading and practicing in demo account this is are some of of the reason why Forex trader's loss money.

[uchennafx]

Traders loss because it is not possible to trade the market without making a single loss . the problem comes when the losing becomes the order of the day , when when losses more than he profits in the market and that could be caused by a various factors like, poor trading and learning , poor money management , greed , emotion and all of that , this kind of loss is normally faced by newbies because of their naivety in the market

[u4n777]

@uchennafx,
Sure! There are factors that are responsible for the losses of traders. When a trader losses, if it is traced to find out the cause for the loss, it will be discovered that lack of forex education, greed or even a poor money management could be responsible for the loss of the trade. But if a trader is able to assimilate virtues like patience, confidence, he will be able to minimize the magnitude of loss he suffers. Forex trading is a trade that requires learning on daily basis, if the trader must rise above consistent loss.

[fxsam]

No forex trader will want to lose money, not even a cent but because of some factors, loses just occur. So it is very necessary for forex trader to watch and consider the things that causes losses in forex trading. Some of the major causes are greed, fear, impatience, limited skills and lack of confidence. If these things are been taken into considerations and avoided, losses in forex markets will reduce.

[riddy09]

We don't intend to have losses but we can't guarantee that when we trade in Forex it will be only profits. We will still face of the losses. And there are many things and reasons that a trader need to focus. These includes their patience and their strategy. They should have work hard to be a good trader and know of some qualities of a trader and to be an experienced trader which don't ignore of practicing in demo and their emotions.

[Akshay]

Lack of experience and the education about the forex has been the major reason of occurring the loss while trading.Also the other factors that lead the traders to the path of the failures is greed and the emotions which are very difficult to avoid while trading as they are very closely related to the human nature.

[Haseeb Javeed]

in my point of view ,There are so many reason to lose money in forex trading.
Forex trading needs some discipline and those who follow it certainly get success.but if we loss every trade or most of the trade and lost our money then we call it loss...

[suntek]

well, really Forex is always loss project. There are lot of money loss in Forex trade.now what I will do? I do not know. I think that Forex is gambler business. every Forexer want to be quickly rich man for this reason he/she fall down and derail. Every Forexer should be conscious we shall not quickly rich man. try to slowly rich man.Thanks a lot...

[miyu]

well, as per my opinion Forex traders loose their money because lack of experience or else they are having some problems about their strategies so my advice for them is they should practice more in demo trading accounts as well as they have to control their emotions like fear and greed that is it. so that they can become more strong in their trades.

[Fateh]

Many Forex trader lose their money because of various factors and causes which can be summarized as lack of knowledge about trading know how,lack of experience about price action and trends,lack of skills in money management such as not withdrawing money and lack of skills in risk management such as reducing risks by putting stop loss and take profit orders.All these skills are important in trading.

[gamil]

forex traders lose money because they take trading as games and they think that just jumping in the market will get them money but forex trading need planning and need strong strategy to understand how to catch the profit and save our capital

[janknoah]

Traders loss for many reasons, but the most common of all is because of wrong trading analysis. When the analysis of a trader doesn't go along with the expectations of events in the market, it would lead to losses. And other things includes, lack of proper planning and not follow set rules in trading.