LOL....Good one....I will have to reconsider my view of the market from now on.

reasons why traders lose

You can find several threads here related to the same topic.

What is the best way to do forex trading?

You can surely lose money if you put no effort into learning to trade. You can earn a small amount by putting in hard work but there is no guarantee that you will earn a significant amount of money by putting in lots of hard work. That is the sad ...

Is it possible to earn money from trade?

There are no simple ways to be successful in trading. There is only the traditional way of learning, working hard, and lots of practicing. However, you can still find simpler ways to learn about trading and one would be to have a mentor to help you ...

Is There Any Simplest Method To Success In Forex?

I feel that you have to have some analytical skills to analyze and process factual knowledge. When you get a new fact you analyze it to find out if it will add to what you already know about the direction in which a currency is expected to move in ...

No skill in trading!

That's very correct, new traders often mistake stoploss to be a fail-safe mechanism not realizing that there are other aspects to risk management.

Does stop-loss help to avoid the risk?

As it is with all things difficult. You have to be patient and work hard and greatness lies in achieving difficult things.

Why do I trade Forex

Not to mention that only a very, very small portion of people who hold a PhD end up winning a Nobel Prize. That’s why you have a Nobel Prize awarding ceremony but no “most successful trader of the month” ceremony.

Is it easier to become a Nobel winner than a successful trader

True and the problem with high leverage is if your strategy is wrong, you lose money and you lose it very quickly as the price moves against you.

How does leverage work?

Sound and practical advice. No reason to take up trading as one's very first job.

Is Forex reliable?

That's right, you cannot trade successfully if you don't have patience and self-control. There is truly a mental aspect to the entire process of trading.

Trading is 90% mental - Second guess yourself, you'll fail

True, trading for long and extended periods of time every day can make a trader's judgement clouded. When that happens the trader can start to lose money. Taking a break once you have achieved your target helps you to return to trading with a ...

How not to get angry about this?

While trading, stay committed to your plan. You can make minor tweaks here and there but don't change your overall plan.

Rules of Successful trader

As a beginner, when in doubt, don't hesitate to ask questions.

Help needed for Forex newbie

Forex is reliable unless you are being told that it's a get-rich-overnight scheme, in which case, it's possible that some broker is trying to lure you through false advertisement.

Is Forex reliable?

That's actually quite true. Not everyone can afford to lose money in the process of learning. Second is losing time. Learning forex consumes both so one has to make sure to make use of both these resources as efficiently as possible.

Complete Newbie to Forex

Along with being disciplined and organized, most people discuss discipline as one of the key factors but being organized does not get enough spotlight. Being organized saves time because you have already planned your work ahead.

the most important things in forex

I agree, I think the most important indicator is price because all other indicators are just mathematical representations of it.

Which is the BEST indicator and why

The market is ever-changing. You need to constantly monitor your strategy’s performance and adjust it so that it can perform properly. It’s rare for a strategy to carry on performing over time without needing adjustments in variables.

Consistency

Losses are inevitable in trading. Better to manage them and make peace with them. Thinking that losses will never occur will only give you a sense that you’re a bad trader every time you lose. Losses are acceptable as long as you are in overall ...

Trading Emotions