Forex Trading is considered one of the largest financial markets having an average daily trade of $ 5 trillion. Several investors have been successful in accomplishing a lot from thor medium, but at the same time, several have failed to get themselves through.
There are several reasons why an investor loses money among which some of the prominent factors are:
Unable to strike a balance between emotional and wise decisions; hence losing the discipline to carry out trade
Lack of proper planning
Incompetency to understand and adapt to market working
Keeping illogical and unrealistic hopes and expectations
Poor Risk Management