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Forex Education - The 4 Major Mistakes That Cause 90% Of Traders To Lose

February 21st, 2008 | No Comments | Posted in Finance

If you want to trade Forex and win the odds are against you – 95% of traders lose and only 5% succeed. If you want to win at forex trading (and the rewards are huge) then don’t make these 4 trading mistakes.

If you make any of these mistakes you will never achieve long term profitability in forex trading.

1. Predicting Market Movement

This is the one major error almost all new forex traders make and it’s a critical one.

If you try and predict then you are simply hoping or guessing and the market will destroy your equity.

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