{"id":6159,"date":"2019-02-27T07:40:56","date_gmt":"2019-02-27T07:40:56","guid":{"rendered":"https:\/\/www.wasteyourtime.co\/?p=6159"},"modified":"2019-09-09T12:09:50","modified_gmt":"2019-09-09T11:09:50","slug":"forex-traders-lose","status":"publish","type":"post","link":"https:\/\/traders-paradise.com\/magazine\/2019\/02\/forex-traders-lose\/","title":{"rendered":"Forex Traders – Why Some Lose Money?"},"content":{"rendered":"

4 min read<\/span><\/i><\/p>\n

\"Forexby Gorica Gligorijevi<\/em>c<\/p>\n

Forex traders are those who use price movement in the Foreign exchange currency market to make the profit.\u00a0<\/span>Generally, the fact is that most forex traders lose. About 95% of forex traders lose money and giving up at the end. \u00a0<\/span><\/p>\n

But you would like to be among 5% of successful traders. <\/span><\/p>\n

First of all, Forex trading like any trading is a bunch of psychology.<\/span><\/p>\n

Do you know the most common traps among failing forex traders?<\/span><\/p>\n

Do you have what it is necessary to be a winning forex trader?<\/span><\/p>\n

The purpose of forex trading<\/a> is to exchange one currency for another in the expectation that the price will change. Like any other trading.<\/span><\/p>\n

For example, you purchase 10,000 euros at the EUR\/USD exchange rate of 1.2000. And one week later you exchange your 10,000 euros back into U.S. dollar at the exchange rate of 1.2500. So, the math says, you earn a profit of $500.<\/span><\/p>\n

The currency you bought increased in value compared to the one you sold. <\/span><\/p>\n

\n
\n

Table of Contents<\/p>\nToggle<\/span><\/path><\/svg><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n