April 16, at In other words the Market is a lagging, not a leading indicatOR. Planning, setting realistic goals, staying organized and learning from both successes and failures will help ensure a long, successful career as a forex trader. Open nearly any book on trading and the advice is the same: cut your losses early and let your profits run. When the price action dictates that buyers or sellers are winning the battle, a fairly consistent price action follows because the losers are forced out. Why Most Traders Lose Money — Extremes Require Nearly Everyone to Get Onboard. That time frame is way, way longer than most dare imagine.




This is a discussion on Why do I keep losing money at forex? I've also read piles of books Why do I keep losing money at keepp Show Posts Go ieep I keep losing money trading forex Apr 27, i keep losing money trading forex, am. I've been studying the foreign exchange market hours each day for over a year. I've also read piles of books on technical trading strategies, economic indicators, market timing, psychological discipline, stocks, bonds, futures, options, etc.

I practice trading forex on a demo account as well as on a real mini-lot account. I'm seriously beginning to think that NOBODY trading forex makes any money in the long run. I don't just say this because I suck, but because I think it is statistically impossible to win at a game of random incremental price movements after paying a spread. Don't get me wrong when I call it a game: I take trading very seriously. Does anyone consistently make a profit trading forex? Please don't answer this question in the affirmative unless you yourself make consistent profits.

Apr 27,pm. This is a great interview with Peter Brandt: Interview With a Trading Legend, Part I Mercenary Trader. Last edited by Mr Woozel; Apr forex trading in ukraine airlines, at pm. I think, Ezekiel Chew a asia forex mentor makes consistent profits in trading. Originally Posted by mercuresfrez. Originally Posted by Mr Woozel This is a great interview with Peter Brandt: Interview With a Trading Legend, Part Loisng Mercenary Trader.

I also found this very useful: Peter Brandt Webinar. Last edited by i keep losing money trading forex Apr 27, losimg pm. FWIW, I think you're more likely to make a profit by concentrating on a few major indices, even if logic says FX would be easier to trade. Also, beware of spending too long on demo. Once you're familiar with a platform, use real money with small stakes assuming you're somewhere that SB keel possible and aim for consistent results with no major swings in account balance.

Maybe you should try selling trading systems to uninitiated and make money from fx that way. Just out of curiousity - what are you selling? The tradingg members like this post: Hound of Culain. It's impossible to say why you are in this predicament as there is insufficient information in your post. It could be that you don't have an edge tradiing across many 's - 's of times it has set-up, or that you ahve the wrong loaing amangemnet startegy with that edge, or that you have not mastered the psychological challenges that trading can present us with, loing a combination of o or all three reasons.

Everyone has their own view of the market - whether it be that it is chaotic or random or has form - like elliot waves, but I think you are wrong in your central assertions that ' The trading psychologist Dr Alex Elder descibes an edge as an ' Island of order in a sea of random chaos ' and I tend to concur with this, - the market does sometimes have discernable repeating patterns and ' form ' and from these an edge can be derived but of course you need to master the psychological challenges to actually trade that edge profitably and consistently too and this may take even longer.

Do you know if monet edge has a positive expectancy? I would also doubt that 1 year is anywhere near long enough and that you should be thinking more before you may just start to see some results. Originally Posted by mercuresfrez I've been studying the momey exchange market hours each day for over a fogex. Originally Posted by mercuresfrez Does anyone consistently make a profit trading forex? Oct 27, pm Losing money? Feb 12, pm Risk of losing money if broker goes bankrupt? Dec 3, am.

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This is the #1 Reason Traders Lose Money


Why Most Traders Lose Money and Why the Market Requires It Why Most Traders Lose Money and Why the Market Forex trading to me needs someone who is. Why do I keep losing money trading binary options on Saturdays and Sundays? Trading what on the weekends? Forex?. 10 Ways To Avoid Losing Money In Forex . By Jean Keep Good Records A trading journal is an effective way to learn from both losses and successes in forex trading.