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Four Reasons Why Forex Traders Lose

Here are 4 reasons why most trades end up badly in Forex:

1) Poor Trading Times:

Picking a suitable trading timeframe is important to winning trades, and only a handful of traders realize this. Your Forex trading strategy has to go hand-in-hand with the timeframe you choose to work on and the currency pair picked. When these elements aren't in accordance, succeeding at Forex trading in Indonesia is impossible!

2) Lack Of A Strong Strategy:

When equipped with the right Forex Trading , you can go on to conquer the mightiest of trades. Every trade needs the right backing, which is always in the form of a good trading plan. The absence of this is what leads to losses many times.

3) Excessive Risking:

Risking more than necessary, or more than what one can afford also often leads to poor trade outcomes. Quite possibly one of the most expensive mistakes, risking beyond 2-3% of your capital can be a very dangerous move. Stick to minimal risks when you start off Forex trading. Going overboard aiming for profits will only work counter-productively.

4) Emotional Trading:

Letting emotions take the wheel while you sit in the backseat isn't a wise thing to do when Forex trading in Indonesia. Be it fear, greed or simply too much of enthusiasm, keep them away from trades. Being governed by emotions, leads to a lack of realism and sense in your trades, which ultimately end up in a pile of massive losses.

Many traders enter the markets of Forex, but only a handful goes home with profits. Due to a number of reasons like these, they find themselves neck-deep in losses!