Reasons why the 95% of future traders lose all of their money

[Yamifoud]

The majority of those losing their money with futures were not ready for it, one thing I find surprising when it comes to the markets is that somehow traders expect to become proficient at it in a matter of weeks and this is not possible.

That will happen to a trader that underestimates the market volatility. They are supposed to be ready enough to handle stress to believe that Futures Trading isn't just easy as they think. Otherwise, they will just fail and broke.

Becoming a good trader is a long process in which a series of steps needs to be taken, and if you try to skip those steps then your trading skill will not be as high as it should be and it will be incomplete as well, so when you face adverse market conditions you will make several mistakes which will cost you a lot of money, and those huge mistakes are the ones that end up destroying your account and your capital.

That certainly takes several months. Though we don't need perfection at least we have deep knowledge about trading and more experience as this is a huge factor in how to make a profit from trading. In fact, as we can see that real traders keep on trading despite the situation as they can manage how to handle difficult situations like during bear season and still make some money.

[CryptSafe]

Most people that call themselves traders are not what they claimed to be. Some I guess were not properly groomed well in the process, some did not rey have the knowledge of how it works, no demo, no practice. They just finished watching maybe a YouTube channel attributed to forex trading and after that they delve into spot trading saying they have the knowledge of what they are doing and at the entire end blowing up their account. I  only pity people who have no idea about these people and are desperate to make money. At the entire end they get into the wrong hands and their investment ends up being blown by the self acclaimed traders.

This is the same issue with some so called forex trading company. They have blown lots of account and investors funds all in the name of trading to make profit when they know they are not good at their claims.

[palle11]

This is the same issue with some so called forex trading company. They have blown lots of account and investors funds all in the name of trading to make profit when they know they are not good at their claims.

Forex trading companies are the set of acclaimed traders that have bastardised the forex trading market and made people think of it as perhaps scam. They give so much hope to people and collect their money to trade for them, promising 100% profit daily, weekly and monthly and this is never possible. These people can't trade but only gamble with the money, initially they could be gambling correctly when the market is not volatile but on a volatile season they begin crashing down. It is better to allow people to do their trading by themselves, make their mistakes and learn from it and by that they understand that trading Forex market is real but not easy so they decide to stay or disappear from the market after burning out their finances different times.

[Peanutswar]

Most people that call themselves traders are not what they claimed to be. Some I guess were not properly groomed well in the process, some did not rey have the knowledge of how it works, no demo, no practice. They just finished watching maybe a YouTube channel attributed to forex trading and after that they delve into spot trading saying they have the knowledge of what they are doing and at the entire end blowing up their account. I  only pity people who have no idea about these people and are desperate to make money. At the entire end they get into the wrong hands and their investment ends up being blown by the self acclaimed traders.

This is the same issue with some so called forex trading company. They have blown lots of account and investors funds all in the name of trading to make profit when they know they are not good at their claims.

Some people called themselves already a trader because they execute a trader but not just only this because being called as a trader is like a huge name but in the wider perspective being a trader is really big investment of knowledge and skills to make sure you can make a proper execution of the trade with this knowledge, skills and experience can come up with the proper profit and execution of trades that's why being a trader is a hard thing that's why only few people stay with it because they know already the essentials and some of them too are not going with it because they lose a lot of money than they have.

[d3nz]

Most people that call themselves traders are not what they claimed to be. Some I guess were not properly groomed well in the process, some did not rey have the knowledge of how it works, no demo, no practice. They just finished watching maybe a YouTube channel attributed to forex trading and after that they delve into spot trading saying they have the knowledge of what they are doing and at the entire end blowing up their account. I  only pity people who have no idea about these people and are desperate to make money. At the entire end they get into the wrong hands and their investment ends up being blown by the self acclaimed traders.

This is the same issue with some so called forex trading company. They have blown lots of account and investors funds all in the name of trading to make profit when they know they are not good at their claims.

Some people called themselves already a trader because they execute a trader but not just only this because being called as a trader is like a huge name but in the wider perspective being a trader is really big investment of knowledge and skills to make sure you can make a proper execution of the trade with this knowledge, skills and experience can come up with the proper profit and execution of trades that's why being a trader is a hard thing that's why only few people stay with it because they know already the essentials and some of them too are not going with it because they lose a lot of money than they have.

Yes, this is true, They are calling themselves a trader even if they did it for only a week. I would say that future trader is losing their money since they are executing their trade without a proper plan and are emotionally triggered if they lose a position. 

[TimeTeller]

Most people that call themselves traders are not what they claimed to be. Some I guess were not properly groomed well in the process, some did not rey have the knowledge of how it works, no demo, no practice. They just finished watching maybe a YouTube channel attributed to forex trading and after that they delve into spot trading saying they have the knowledge of what they are doing and at the entire end blowing up their account. I  only pity people who have no idea about these people and are desperate to make money. At the entire end they get into the wrong hands and their investment ends up being blown by the self acclaimed traders.

This is the same issue with some so called forex trading company. They have blown lots of account and investors funds all in the name of trading to make profit when they know they are not good at their claims.

Some people called themselves already a trader because they execute a trader but not just only this because being called as a trader is like a huge name but in the wider perspective being a trader is really big investment of knowledge and skills to make sure you can make a proper execution of the trade with this knowledge, skills and experience can come up with the proper profit and execution of trades that's why being a trader is a hard thing that's why only few people stay with it because they know already the essentials and some of them too are not going with it because they lose a lot of money than they have.

Yes, this is true, They are calling themselves a trader even if they did it for only a week. I would say that future trader is losing their money since they are executing their trade without a proper plan and are emotionally triggered if they lose a position.  

Most of them actually don't know what they are getting into. Should just stick to spot trading because the risk in futures is very high.
A lot of new crypto traders I believe are going into futures because of the idea that they will get rich fast with this venture.
However, they will soon find out that futures can easily rekt their funds in no time. You have a lot of things to consider in this type of trading.
Much better if you are using your extra extra funds. So it is not hard in your pocket. Some are using borrowed money, which is not an advisable thing to do.
Spot trader needs a lot of experience and skills before they will see good profits, how much more if you venture in futures?

[Rockstarguy]

The reason for losing money in trading is that most traders are new to the crypto market and expect to make more profits in a short period of time, in which case they face more losses. To determine risk tolerance, start trading with a virtual account and analyze the market well. If you have limited risk capacity and cannot handle large losses then it is better to close the trade.

People lose money in trading for different reasons,  some maybe  because of not having good understanding about trading but they force their self in trading just to make money. Some people come into trading having a mindset to become rich without making good research to know the essence of trading. Lack of knowledge is the reason why people lose all of their money in trading. If traders should consider learning and having patience their wont be to much lose of money.

[nurilham]

1.   Psychological – Trading is inherently risky; futures traders should be aware that no trade has a guaranteed outcome. When you put a trade, you are correspondingly accepting the risk but that’s where the problem comes in.

We cannot deny that Futures trading really plays with very high feelings, emotions and stress. It is because of this that future trading becomes very risky, the loss or profit is very thin, but you can lose or earn a lot. In this case, when a person is not ready and unable to manage their psychology, their emotions, and also their stress level, then this will greatly affect the decisions they make. Panic will drive a futures trader to make wrong decisions at crucial times, such as panic selling or panic buying. Even in future trading, this is very risky to happen which will result in failure.

Trading system – The trading system is considered the blueprint of your trading journey

There are some different ways and strategies of trading systems. A trader may have a different trading systems and strategies from others. But sometimes, many people are only following another trading strategy by not understanding what happened to them actually, without understanding their own ability to deal with the trading strategy. So, although the ways and strategy are the same, the result may be different or vice versa. And in this case, again, some lost people will blame others.

[xSkylarx]

The reason for losing money in trading is that most traders are new to the crypto market and expect to make more profits in a short period of time, in which case they face more losses. To determine risk tolerance, start trading with a virtual account and analyze the market well. If you have limited risk capacity and cannot handle large losses then it is better to close the trade.

People lose money in trading for different reasons,  some maybe  because of not having good understanding about trading but they force their self in trading just to make money. Some people come into trading having a mindset to become rich without making good research to know the essence of trading. Lack of knowledge is the reason why people lose all of their money in trading. If traders should consider learning and having patience their wont be to much lose of money.

When we say trading for those people that are new to it will say that you can earn big from it and you can easily do it . That is most of my coworker first impression when i say trading in which it isn't true. If your mindset in trading is only getting money from market then you'll be having difficulty to earn from it. You should think really first about learning and understanding it as you need first to connect with the market before you can trade and earn profit

[borovichok]

When we say trading for those people that are new to it will say that you can earn big from it and you can easily do it . That is most of my coworker first impression when i say trading in which it isn't true. If your mindset in trading is only getting money from market then you'll be having difficulty to earn from it. You should think really first about learning and understanding it as you need first to connect with the market before you can trade and earn profit

Trading futures is one of the complicated stuff in the crypto market, however it's considered as the crude oil of trading with crypto. There are two major trades in crypto, we have the spot trading and the future trading. It's complex to trade with futures as there are basis that it comprises of other than spot trading. 95% of traders tend to loss all their profits to the market due to greed. The market is critical to understand and a trader learns everyday, new things are discover in the market.

[|MINER|]

The reason for losing money in trading is that most traders are new to the crypto market and expect to make more profits in a short period of time, in which case they face more losses. To determine risk tolerance, start trading with a virtual account and analyze the market well. If you have limited risk capacity and cannot handle large losses then it is better to close the trade.

People lose money in trading for different reasons,  some maybe  because of not having good understanding about trading but they force their self in trading just to make money. Some people come into trading having a mindset to become rich without making good research to know the essence of trading. Lack of knowledge is the reason why people lose all of their money in trading. If traders should consider learning and having patience their wont be to much lose of money.

When we say trading for those people that are new to it will say that you can earn big from it and you can easily do it . That is most of my coworker first impression when i say trading in which it isn't true. If your mindset in trading is only getting money from market then you'll be having difficulty to earn from it. You should think really first about learning and understanding it as you need first to connect with the market before you can trade and earn profit

It is true that all these ideas remain within those new traders who have made some profits for a short period of time. But in my opinion trading or future trading whatever you say is not that easy there is many things you have to learn before starting trading professional technical analysis,. Chart reading etc. But now I have seen many people who were coming into trading from the greedyness without any knowledge about trading and losing fund. I think this is one of the main cause or using money.

[Crypto Library]

It is true that all these ideas remain within those new traders who have made some profits for a short period of time. But in my opinion trading or future trading whatever you say is not that easy there is many things you have to learn before starting trading professional technical analysis,. Chart reading etc. But now I have seen many people who were coming into trading from the greedyness without any knowledge about trading and losing fund. I think this is one of the main cause or using money.

Yes it is true what you mentioned here because I see there are many people who are facing loss in trading for this.  However, I will mention another reason that stands up to the Knowable Trader also and that is not following the strategy or breaking the strategy out of greed, many times it has been seen that the entire fund has disappeared while waiting for just a few dollars more profit in futures trading.
I would call this part of OP's psychological statement because here we cannot control our emotions.  Future trading is very risky unknowingly and knowingly people are making mistakes here so I would say following the OP's mentioned statements can be of some benefit if you want to do future trading.

[abel1337]

It is true that all these ideas remain within those new traders who have made some profits for a short period of time. But in my opinion trading or future trading whatever you say is not that easy there is many things you have to learn before starting trading professional technical analysis,. Chart reading etc. But now I have seen many people who were coming into trading from the greedyness without any knowledge about trading and losing fund. I think this is one of the main cause or using money.

Yes it is true what you mentioned here because I see there are many people who are facing loss in trading for this.  However, I will mention another reason that stands up to the Knowable Trader also and that is not following the strategy or breaking the strategy out of greed, many times it has been seen that the entire fund has disappeared while waiting for just a few dollars more profit in futures trading.
I would call this part of OP's psychological statement because here we cannot control our emotions.  Future trading is very risky unknowingly and knowingly people are making mistakes here so I would say following the OP's mentioned statements can be of some benefit if you want to do future trading.

I saw massive losses from a future trading stream before because of the greed of the trader. Because of that extra dollar, they are breaking their plan which is fundamentally wrong especially on futures trading where you can be liquidated anytime. I believe that it is very important to follow the plan we have on futures trading given that it is the major guide of the trader when and where would he position himself but yeah sometimes the greed trashes the traders plans. Futures trading is very risky and I learned it the hard way by losing money on it multiple times, Actually I have more losses than gain in my futures trading account. This is why I don't recommend it to newbies or other traders. Spot trading all the way!

[Xxmodded]

It is true that all these ideas remain within those new traders who have made some profits for a short period of time. But in my opinion trading or future trading whatever you say is not that easy there is many things you have to learn before starting trading professional technical analysis,. Chart reading etc. But now I have seen many people who were coming into trading from the greedyness without any knowledge about trading and losing fund. I think this is one of the main cause or using money.

Huge profit earn trough future trading make new trader interested try it and not understand yet about liquidity and margin used and leverage, new trader viewed only with how much profit earn with future trading and they not really understand yet about future trading work.
Some trader in future seems greedy and not enough with how much profit earn until get floating and their out predicting until get notification with margin call and liquid coming. Not good ideas for new trader try first with future trading regarding have lack knowledge how to analyze and know all detail with future trading working.

[LUCKMCFLY]

Well, this statistic is the most real thing that can be done in the Crypto market, it is very difficult to be one of the most profitable when a crypto market, because eventually the people who enter thinking that they will become rich by scalping are usually in for a big surprise, some They lose so much money that they no longer want to trade, or do technical analysis, or follow groups of premium signals or something, if this were real then the statistics would be very different, at least they would give the percentage of 95 a good value. % and I think that sometimes the percentage of losers can be more.

[GigaBit]

It is true that all these ideas remain within those new traders who have made some profits for a short period of time. But in my opinion trading or future trading whatever you say is not that easy there is many things you have to learn before starting trading professional technical analysis,. Chart reading etc. But now I have seen many people who were coming into trading from the greedyness without any knowledge about trading and losing fund. I think this is one of the main cause or using money.

However, I will mention another reason that stands up to the Knowable Trader also and that is not following the strategy or breaking the strategy out of greed, many times it has been seen that the entire fund has disappeared while waiting for just a few dollars more profit in futures trading.
I would call this part of OP's psychological statement because here we cannot control our emotions.  Future trading is very risky unknowingly and knowingly people are making mistakes here so I would say following the OP's mentioned statements can be of some benefit if you want to do future trading.

It is said that trading business is a playground where one has to play with intelligence, prudence, experience and patience etc. And when it comes to futures trading, it is naturally necessary to acquire proper knowledge on all the mentioned topics. One of the most common mistakes for future trader is lack of proper knowledge. A futures trader should have a good idea of his trading leverage and his tradable balance. He should also have adequate knowledge about the asset he is looking to trade. Moreover, the market trend is also an important factor. A futures trader must focus on a specific asset. A focus on multi-currency must be abandoned. It is very important to analyze everything patiently before taking any trade. Most traders unknowingly go into futures trading without doing any research, which often leads to liquidation of assets.

[Reatim]

Most people that call themselves traders are not what they claimed to be. Some I guess were not properly groomed well in the process, some did not rey have the knowledge of how it works, no demo, no practice. They just finished watching maybe a YouTube channel attributed to forex trading and after that they delve into spot trading saying they have the knowledge of what they are doing and at the entire end blowing up their account. I  only pity people who have no idea about these people and are desperate to make money. At the entire end they get into the wrong hands and their investment ends up being blown by the self acclaimed traders.

This is the same issue with some so called forex trading company. They have blown lots of account and investors funds all in the name of trading to make profit when they know they are not good at their claims.

Some people called themselves already a trader because they execute a trader but not just only this because being called as a trader is like a huge name but in the wider perspective being a trader is really big investment of knowledge and skills to make sure you can make a proper execution of the trade with this knowledge, skills and experience can come up with the proper profit and execution of trades that's why being a trader is a hard thing that's why only few people stay with it because they know already the essentials and some of them too are not going with it because they lose a lot of money than they have.

Yes, this is true, They are calling themselves a trader even if they did it for only a week. I would say that future trader is losing their money since they are executing their trade without a proper plan and are emotionally triggered if they lose a position.  

you cannot be a trader if did not spend too much time for this area because Trading needs skills , time and effort and of course Knowledge that is very important in this part.
I must admit that for how many times that I tried to trade but losing is what I got so maybe better to understand this strongly before dealing with more money .

[palle11]

you cannot be a trader if did not spend too much time for this area because Trading needs skills , time and effort and of course Knowledge that is very important in this part.
I must admit that for how many times that I tried to trade but losing is what I got so maybe better to understand this strongly before dealing with more money .

This is the real factor for a trader to understand. If you jump into trading then you will also jump out of it. It is better learning the rudiment of trading than going in like that as novice. Trading is like farming, with farming you have to be ready with your hoes and cutlass likewise in trading, you have to know how to use your indicators and how to do a proper analysis of them.

[bittraffic]

you cannot be a trader if did not spend too much time for this area because Trading needs skills , time and effort and of course Knowledge that is very important in this part.
I must admit that for how many times that I tried to trade but losing is what I got so maybe better to understand this strongly before dealing with more money .

This is the real factor for a trader to understand. If you jump into trading then you will also jump

The courage to risks and embrace that the money you put into futures trading is considered a loss can be hard for someone. If I am just trading on EUR/USD, I can sure be able to limit the amount and consider them loss for like $500 and I play it all. But with BTC/USDT, I'm up to seeing that 0.03 BTC may be worth $500 even if I hold or trade on the spot market.

Only 5% are successful futures trade. They must be really good though.

[Davidvictorson]

Future trading is like a casino. A lot of traders have to lose so that a few can win. Anyone who trades based on news, is just a speculator. As a future trader, are trading against sharks and intelligent computers. You lose money when you do not set a target or have a strategy in place. And note that this strategy should be more than just buying low, and selling high. One other thing is that traders need to deal with greed and fear factor first to keep them from losing money.