These are the causes why we loss in the forex trading:

Getting rich overnight mentality: Whenever we are in a hurry to start earning money then we would fail to first invest enough time into learning how to trade the forex market and at the end, we are unable to master the market.

Failure to acquire adequate Knowledge: Lacks of trading skills, because when you do not learn then you would lack the skills to consistently execute the right market, and as such we would not be able to possess good trading knowledge and experience which are the backbone of successful trading.

Over leverage: When you are trying to make huge amount of money using a smaller trading account size then it would always lead to making use of over leverage all the times.

Lack of money management: So many of the novice forex traders are risking all their trading accounts in one trade which means that they are not willing to make use of the good money management and as such it leads to series of losses over time.