Paper Title
UNDERSTANDING THE HIGH FAILURE RATE IN THE FOREX MARKET

Abstract
Abstract - The forex market, characterised by its high liquidity and accessibility, has witnessed a notable discrepancy between its potential for profit and the actual success rate of traders. This research aims to dissect the underlying reasons behind the prevalent failures in forex trading. Through a comprehensive analysis of empirical data, behavioural psychology, and market dynamics, this study seeks to shed light on the key factors contributing to traders' suboptimal performance. Utilising a combination of quantitative data and qualitative interviews with experienced traders, this research identifies several critical elements influencing traders' outcomes. These include inadequate risk management strategies, emotional biases, overleveraging, and a lack of comprehensive education and training. Additionally, the study examines external factors such as market volatility, geopolitical events, and regulatory frameworks that can significantly impact trading success. Furthermore, this research seeks to explore potential interventions and strategies to mitigate the identified challenges. By offering practical insights and recommendations, this study aims to provide aspiring forex traders with a more great understanding of the market, ultimately fostering a greater likelihood of sustained success. Keywords - Forex Market, Trading Failure, Risk Management, Emotional Biases, Market Dynamics, Trader Education, Intervention Strategies.