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Why most of CFD traders lose money?
When you visit your broker's site, you will see how many accounts lose money, this figure will likely be over 70%; thus over 70% of CFD traders lose money.
Ever wondered why?
Let's see in this thread.
independentinvestor.com/cfd/why-trader…
#forex #cfd #trader Image
Reason 1: Gambling. Gambling is probably the most common reason why so many CFD traders lose money. People get drawn into trading in a hope of making a quick buck and then end up losing money due to gambling and hoping for a lucky break.
#cfdTrading #CFD
Reason 2: Over-leveraging. Leverage is tricky as it is one of the pillars of CFD trading but at the same time most of the risks are associated with it. Try to keep the leverage in check and never put much of your capital at risk.
independentinvestor.com/cfd/trading-on…
#Leverage #tradingrisk
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