is forex trading easy

More people would trade forex if it were simpler. In reality, opening a trading account is relatively simple. Placing your first trade can be very exciting. However, over 70% of people fail because they lack experience and don't understand the basics. Trading can be a good source of income for successful traders, but not everyone will succeed. You can test your trading skills with sample accounts and free competitions without spending money.




reasons people fail

  • Lack of experience
  • Overtrading
  • trading without a trading strategy
  • trading with your emotions
  • not starting with a demo account
  • not cutting your losses
  • using too much leverage
  • Unrealistic expectations
  • Overconfidence leading to overtrade

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