Why Forex Trading Is Bad. And even an experienced and successful trader can have an unlucky period. Consequently, volatility is what allows you to make profitable trades.
While forex trading is legal, the industry is rife with scams and bad actors. The reason many forex traders fail is that they are undercapitalized in relation to the size of the trades they make. This is referred to as "market volatility".
Strong economic data may even keep a currency weak due to some other reason.
Getting the technicals wrong will result in a loss.
They are always after the
next bit of information because they think that they don't know enough yet. It is either greed or the prospect of controlling vast amounts of money with. Here are five common reasons why this usually happens: They don't understand key indicators, ideal times to trade, and how the market works.