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daytrade999

Consistently Losing

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Almost every new trader lose money in forex market so those who let go off these losses and move forward eventually become successful forex trader in future.

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The reason why many forex traders fail is that they have insufficient funds compared to the size of the trades they make. Either greed or the prospect of controlling a large amount of money with a small amount of money forces forex traders to take such a large and fragile financial risk.

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Every new trader lose money while some lose more chasing their lost money. Those who let go off these loses and learn from their mistakes eventually become successful traders in future.

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ย 

To overcome consistent losses in forex trading, it's crucial to reassess your trading strategy for any flaws or weaknesses and make necessary adjustments. Additionally, prioritize effective risk management by controlling your position sizes and setting appropriate stop-loss levels to minimize potential losses.

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There are many brokers like hfm etc which offer free demo trading to enhance trading skills so we can use them instead of live funds to make sure we got the right strategy and proper risk management to make money in trading instead of losing.

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if you are lossing consistently then stop balming the markets and start rethinking what you are doing consistently that results in loses, sometimes if could simply be rash decisions, in most cases no following the plan due to emotions, or simply lack of knowledge, the more u focus on your self the less loses u will have.

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There are more than 90% failure in this industry and the 50% of the remaining traders does not even stay in this market for even a year and they quit , rest are those who make their way to success.

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yup and the numbers dont seem to be shrinking, but one thing for sure, there are more and more retial traders with each passing year looking into forex trading.ย 

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