Reason A Losing Trader Capital, Bankruptcy and Ends StressFrom one of the articles I've read, it is said that 90% of traders lose more than 75% of capital and 10% of them go bankrupt (depleted capital) to lead to severe stress which affects the brain some traders.
What causes them to experience all that? if they are less intelligent or less capital? when they go into business, it usually comes from a good educational background and social status is high enough with sufficient capital as well.
Here I will discuss some of the factors affecting the trader to experience it diaatas.
The first thing that is:
Lack of training.
Not only this kind of training course (we did today) but also train themselves in a professional manner. For example, the financial management aspect, the mental aspect, self-discipline, as well as aspects of the control of market conditions.
There are some misconceptions or less right of traders (especially those new) regarding this forex business. Here's the list.
1. Forex trading merupaka quick way to become rich.You are in the wrong place when a business considers this is a quick way to get rich. As businesses in general. It takes time to grow, it needs the support of research and development, mentally strong, and stable, and self-discipline. The investment of time and experience is also needed
2. We could lose our capital.
This concept is not entirely wrong. It is true that in forex we could lose the entire capital. But that happens only if we make a fatal mistake by letting losses indefinitely. Many tools to manage our capital in order to survive and even thrive. One of them is the Stop Loss. Understanding the trader against margi, lavelarge, and other tools will prevent traders from fatal errors.
3. Business forex transactions together with gambling.
Every business / business / investment can be a gamble if we do not understand properly all the detai business / business / the investment. Open a chicken farm in a residential area is one example of a business strategy that is wrong.
4. There are people or institutions that regulate the price movement behind the forex market.
The movement of the forex market is a huge market with turnover reached Rp 19.500 trillion (12 zeros behind it) would be too difficult to be regulated by someone institution.
In addition to the above concept, there is also error will fata trader mindset.
a. They think they can trade with an accuracy above 80% (80% Wins 20% lost).b. They think they can get $ 100,000 USD of just $ 10,000 USD over a period of 6 months.c. They think they can always understand / predict where the market will move.d. They think they can get (maybe buy) system with accuracy of 100%.e. They thought they would get out of their old pwkwrjaan and be "Full Time Trader" after trying to trade within 6 months.
My hope, if there are those who have a concept like the above change the concept immediately. You can not make a profit with such a mindset.



