I was reading about this forex thing a few days ago. From my own perspective, i think

Absence of an appropriate exchanging arrangement

Shockingly, numerous Forex dealers don’t forces an exchanging arrangement when they exchange. This is in truth an essential for exchanging effectively in this exceptionally unpredictable business sector. Make an appropriate arrangement with an unmistakable meaning of your exchanging objectives.

Absence of order

Albeit one may have laid out a foreordained appropriate exchanging procedure, one should likewise have the resolve to tail it stringently. Numerous dealers have the propensity for disposing of their foreordained arrangement and following up on the spontaneous.

Absence of Money Management

Forex dealers overlook very frequently that appropriate cash administration aptitudes are vital for effective exchanging. Without appropriate cash administration, one can’t minimize the misfortunes or augment the benefits of exchanges.

Restlessness

The Forex showcase regularly does not have an unmistakable course. Now and again, Forex brokers may feel that they are passing up a great opportunity for circumstances in the business sector since they are not exchanging often enough. Accordingly, they start to settle on poor exchanging choices and overtrade.

Averaging Losses

In the larger part of cases, one will have a tendency to lose progressively when the business sector ceaselessly moves against you when averaging down. To conquer this lethal key mistake, advise yourself that you ought to never normal a losing position unless it is now represented in your foreordained exchanging arrangement.

Rundown

Exchanging effectively and gainfully in forex signals require a colossal exertion with respect to the dealer to overcome the previously mentioned botches, which are made by numerous Forex brokers.

let me stop here

Do not try and beat the market!

The market is not something you beat, but something you understand and join when a trend is defined. At the same time, the market is something that can shake you out if you are trying to get too much from it with too little capital. Beating the market mindset often causes traders to trade against trends and overlords their account which is a sure recipe for disaster.

Failure to Manage Risk

Risk management is key to survival. You can be a very skilled trader and still be wiped out by poor risk management. Your number one job is not to make a profit, but rather to protect what you have. As your capital gets depleted, your ability to make a profit is lost.

Solution: Use stops and move them once you have a reasonable profit. Use lot sizes that are reasonable compared to your account capital. Most of all, if a trade no longer makes sense, get out of it.

Greed

Some traders feel that they need to squeeze every last pip out of a move. There is money to be made in the Forex markets every day. Trying to grab every last pip before a currency pair turns can set you up to lose the profitable trade that you are trading.

Solution: It seems obvious, but don’t be greedy. It is ok to shoot for a reasonable profit but there are plenty of pips to go around. Currencies move every day; there is no need to get that last pip. The next opportunity is just around the corner. 

Buying a System

There are many “Forex trading systems” for sale on the internet. Some traders are out there looking for the ever elusive “100 percent accurate Forex trading system”. They keep buying systems and trying them until finally giving up deciding that there is no way to win.

Solution: Accept that there is no such thing as a free lunch. Winning at Forex trading takes work just like anything else. Build your system (or if i may add, buy from me lol) and stop buying worthless systems on the internet.

Cool. Thanks for the explanation

So many times I’ve heard people complaining something like “This robot is very bad” or “This coach gives bad pieces of advice, they don’t work” and when I asked them “What did you personally do to succeed, probably learned a lot or something?”, they had nothing to say, because it’s easier to blame someone/something. Money and success don’t come out of the blue, you need to make efforts.