What are the major causes of failure in forex trading

[Genie011]

Sometime people dont just conduct series of analysis like fundamental and technical analysis they will just jump into trading at the end of the day they will just loss everything so I beleive that seriously loss is part of the market but you must use stoploss and take profit to do so.

I truly agree with you, one must have to learn how to read and interpret price action before thinking of investing his/her hard earned money . technical and fundamental analysis is key.

 

[tyrim88]

A successful forex trader must be able to exhibit a high level of discipline. This will help combat the greed nature and the tendency to learn only halfway before venturing into the real thing. He must be able to take reasonable amount of risks.

That is indeed one of the issues with forex traders,most investors will only listen to the aspect of those making money from the trade,without paying the price for learning and greed is one of them also.