Why the Average Forex Trader Loses Money
posted January 21, 2009 - 11:52amExtreme forex market volatility and major headlines has made forex trading more popular than ever, but the lightning-quick influx of new traders has been matched by a similarly dramatic outflow of existing traders. Market conditions remain as challenging as ever, and many novice forex speculators have found it very difficult to preserve capital—much less turn profits. But why do many strategies fail in current markets? This article attempts to explain one of the simplest reasons for which many traders have lost money in forex markets.
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