Why lose in Forex?
Today, trading in Forex is available than ever before.Open an account and start trading can be almost any.The minimum deposit starts from $ 1.Therefore, trading is becoming increasingly popular pastime.
But statistics are not happy: 95% of traders lose their money, only 5% of their earning.Despite the seeming simplicity of trade, in fact, this is a serious business that requires extensive training and experience.After initial training courses on paid immediately become a professional trader will fail.To this aim for years, gradually improving their trade.
But most beginners do not think about it.And for good reason.Moreover, 90% of beginners make the same mistakes!On the Internet a lot of useful information, talk about it on the forums, still nothing changes, how these mistakes were, and remain.Consider the major ones.
increased risk.All traders want to earn a lot, initially open too many great deals that lead to disastrous results.It is not uncommon when the entire deposit is lost in a failed transaction.Professionals do not allow this.That become a successful trader: "Find out what should be the size of the position!", In which he shares his method of calculation of the risk in every transaction.
Experienced speculators agree on one thing: not to risk more than 5% of the deposit in one transaction.Failure to do so will sooner or later lead to the loss of all the money during a serious drawdown.It is necessary to remember everything.
If we consider the category of trend systems, the rules are as follows: not to risk more than 2% of the capital.This is due to a large number of losing trades, the drawdown is much deeper compared to other styles of trading.
important to note that confuse volume position and the risk in the transaction.Volume of position - is the number of items bought or sold on the forex.And the risk in the transaction - is the amount of money that a trader will lose if the price movement against him.
Another stumbling block on the path to profitable forex trading is psychology.Working with money has a lot of pressure on a person, especially the unprepared.In this condition, loss of appetite, sleep and worsens the ability to make decisions is very important!To work with a large volume of information in stressful situations - one of the qualities of profitable speculators, which is aims to nachinayaschim.
There absurd cases in which a trader has proven tactics, experience, but at some point, refuses to follow its policies and makes hasty deal that cause damage.That's what could be the effects of stress.
If any technical issues can be resolved, then with psychology is much more complicated.Understand your head manages a small percentage of traders who and achieve outstanding results.
remains unchanged one thing: Who will you, depends on you!The main thing is committed to results, improve trade, and not to commit major errors.All the speculators see the same graphics are almost equal, but someone earns, and someone loses.