As in every field, on Forex there are people who gain success and who DON’T. Why is this happening? The most common reason is that a person has such features of character which prevent him/her to be a good trader.

Here I’ve collected the most striking of them:

1. Laziness. They are too lazy to educate themselves, to search for new information and lack of knowledge is the key to losses.
2. Absent-mindedness. They can’t concentrate on trading which leads to a lot of mistakes and losses.
3. Greed. They do not close orders, because they want more, but eventually lose everything because of fast market movement. It happens.