Why 90% traders fail in trading?
Below are reasons most of the traders fail in Forex:
Skipping the Forex Trading Training and start trading.
Greed
No Proper Money Managment
Lack of commitment
Lack of discipline
First reason is lack of knowledge and experience. And then it’s about lack of money management. And finally about wrong brokers, as these are factors behind all this. If we control all this then we will be able to benefit.
Right, emotions also can play vital role in our success or failure in Forex trading. If we have no control over our emotions then it will be also difficult to survive in Forex and may lose our money and can leave trading field.
The simplest reason is lack of planning and method. If something like that happens, then it is fairly obvious that we will face such issue. We should be also careful about the broker selection, as that makes a huge difference.