The biggest factor that blocks Forex Traders from profit is undercapitalization

Discussion in 'Forex' started by ElectricSavant, Sep 27, 2020.

The biggest factor that blocks Forex Traders from profit is undercapitalization

Poll closed Oct 4, 2020.
  1. True

    20.0%
  2. False

    80.0%
  1. Marvini

    Marvini

    In any case, ignoring this direction can lead to some errors.
     
    #21     Jul 6, 2021
  2. maxinger

    maxinger

    The biggest factor that blocks Forex Traders from profit is under-train / under-work.
     
    Last edited: Jul 6, 2021
    #22     Jul 6, 2021
    SimpleMeLike likes this.
  3. Ekolpok

    Ekolpok

    Indeed, this is one of those factors that can be attributed to the most influential.
     
    #23     Jul 14, 2021
  4. 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
     
    #24     Oct 12, 2021
  5. noframe

    noframe

    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.
     
    #25     Oct 14, 2021
  6. shine

    shine

    If you do not have a proven and profitable trading strategy, you do not know how or do not want to control risks because of greed, you do not have control over emotions, then even sufficient capitalization will not help you earn on Forex. Therefore, capitalization is not the main reason for failure on Forex, the main reason is the lack of experience, skills and self-control.
     
    #26     Oct 15, 2024
  7. Alexis_0

    Alexis_0

    Undercapitalization is indeed a major barrier to success in Forex trading. With insufficient capital, traders are more vulnerable to margin calls and excessive risk-taking. Proper capitalization allows for better risk management, the ability to weather market fluctuations, and increased opportunities for profit without compromising account stability.
     
    #27     Nov 27, 2024
  8. Sekiyo

    Sekiyo

    Zero edge.
     
    #28     Nov 27, 2024
  9. Agree, some brokerages were allowing 400:1 leverage. If you don't have the capital decrease your position size. Forex is a very slow and grinding process.

    Just looking for positive rolls.

    Akuma
     
    #29     Dec 2, 2024