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Stop loss is not the cause but it prevents long term losses. That is how I see it. Our analysis will not be right all the time and trades will go the wrong way. That's how it works. So stop loss prevents is from losing big time.

Too much of anything is not good. A person should know when to stop. As for over trading, if a trader keeps doing it then it will be a reason for loss in the long run. So when they feel like they are making this mistake, they should back off.

Scammers are everywhere on the internet. Facebook is full of them. People have to aware of it and read before spending their money in some kind of hype.

The fact is that the trading result of newbie traders won't be good. And they should not take this in to heart. This is normal. As you said they should focus on educating themselves. After that they can make profit in the long run.

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Those who are facing consistent losses, they are not learning from their mistakes and ignorant in my opinion. Losses will happen and even very profitable traders will also face loss. But they will manage their capital and trades in a manner with which they can take profit out of the market.

Well it is individual preference in my opinion. Some people will prefer to diversify their capital in to several brokers and use the copy trading service to manage their trades. There are technologies to do this kind of stuff. But it all depends on individual traders.

Very true. People are mostly interesting in profit but not interested in learning how to make profit. The market will not give anyone any profit but people have to develop a way to take profit out of the market.

There are very few people who can claim that. And this is quite an achievement in my opinion. At beginning MCs happen but if someone can avoid that then that is something praise worthy.

Yeah those forums are helpful. But on one of the forum too many people are busy showing how expert they are in the forex field. Success shows less in every of those forums.

The link is working fine for me here. May be something is wrong from your side.

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