The biggest factor that blocks Forex Traders from profit is undercapitalization
- Thread starter ElectricSavant
- Start date
capital can be build by various methods
a job, prop firm or savings
Bigger factors are emotions and psychology
you need to put in the work before you put in the big money to trade
learn the market, master your skill and then earn.
Don't risk your hard earned money before understanding the markets and the concepts
a job, prop firm or savings
Bigger factors are emotions and psychology
you need to put in the work before you put in the big money to trade
learn the market, master your skill and then earn.
Don't risk your hard earned money before understanding the markets and the concepts
The main reason why forex traders fail is that they do not have enough knowledge and confidence before going live. Before going live enough practice and understanding is required which can be gained by trading on a demo account. Also, overtrading and undercapitalization lead to failure in forex trading.