The number of reasons why people fail in forex trading, without a shadow of doubt is lack of adequate trading skills, forex knowledge and experience needed to do it right all the time. This can be avoided by opening up a demo account to gain experiences, and reading up on forex books to gain knowledge. In this way, at least, you won't be one of those people who fail in forex trading.
Highly Recommended by MT4talk Forum Admin! Open an account ->>
I guess people want to make money quick. I used to be like that myself before. If you are setting your stop loss in the right place and make your account grow slowly it will finally grow. Trust me. Don't rush.
I think the problem is about wanting too much too fast and about discipline, as already mentioned. You can't always win and you won't become rich in like no time. Be patient and test your strategy on demo.
NOTE: Hacked or other illegal versions of copyrighted forex robots are highly prohibited on MT4talk.com. If you upload any illegal version of any copyrighted forex robot, your forum account will be banned. No exceptions.