Welcome to the "BSAPPSFX" YouTube channel. Throughout this video, you will know why forex traders lose money. It is a proven statistic that confirms that 90% of trader losses in the forex market. It's also proven that 75% of traders don’t have PROPER STRATEGIES, they just put the trade and wait to win/hit the target, but it doesn’t happen.
It is a common fact known that many people lose money while trading in the Forex market and there is an estimate that 96% of Forex traders lose money and end up quitting Forex trading.
The most common reasons why these people lose money in Forex are because: they try to beat the market and trade against the trends. Many traders fail to manage risks, with the intention of making more profits they forget to protect their capital and fail to place a stop loss greediness is another factor.
WHY NO TRADING IS TRADING: Traders generally buy and sell securities more frequently and hold positions for much shorter periods than investors, which can result in costly mistakes.
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