Why Trader Lose Money in Forex Trading ?

When most people begin trading Forex they dream about big profits, the bigger the better. But most of them give very little thought to risk management. Maybe that's why over 90% of Forex traders lose money?
The truth is that a single bad trade, if not done properly, can cause you a massive loss which will take a lot of profit to recover. Before you even begin to think about profits, you have to reduce your Forex trading risk as much as possible. That's the way to long term success in Forex.