common cause of loss in Forex market

The lack of proper trading plan is the common cause of loss in Forex market. Because of emotion sometimes traders cannot fulfill his trading plan. In the Forex market in order to become successful a trader need to overcome all his problems. Forex4you broker has the best educational series which is very useful for Forex traders especially for the new comers. They have free – demo account, video tutorials and others.

 

For most traders, the hardest part of Forex trading is dealing with financial losses. This is not just a pain or anguish problem, but losses usually trigger traders to make the worst mistakes, cause even greater losses and create a vicious cycle of losing control of a trader's account. Losing money is the obvious cause of fear, but the root cause is the fear of poverty, and no one wants to be poor.

 

Learn from a mistake and then evaluation these mistakes, recognize and create new rules
with time learning it will lead to more understand how to better trade