Why does the Average Forex Trading Strategy Lose Money?

Voir le sujet précédent Voir le sujet suivant Aller en bas

Why does the Average Forex Trading Strategy Lose Money?

Message par sayem le Lun 6 Jan 2014 - 18:54

Both anecdotally and empirically, we have seen that many new forex traders are unable to profit due to poor money management techniques. Many speculators come from other traded markets, and their technical and fundamental analysis skills are quite good. Yet the most common reason for failure comes down to one simple point: poor money management. The most successful traders do not necessarily have an analytical edge. Many unprofitable traders have excellent analytic and forecasting skills, but going from analysis to live trades is often a limiting factor.
What is good money management? Letting your profits run and cutting your losses short. A countless number of trading books advise traders to do exactly this. In theory, this is a simple exercise: make profit targets larger than maximum loss thresholds. In practice, however, we see clear evidence that most traders do a poor job of putting these strategies in to action.

_________________
Online Earning
Webmaster Zone

sayem
Money Maker Amateur
Money Maker Amateur

Messages : 123
Date d'inscription : 28/05/2013
Age : 28
Localisation : Bangladesh

Voir le profil de l'utilisateur http://tlpoint.com/

Revenir en haut Aller en bas

Voir le sujet précédent Voir le sujet suivant Revenir en haut

- Sujets similaires

 
Permission de ce forum:
Vous ne pouvez pas répondre aux sujets dans ce forum