Why Most of Traders loose Money in Stock Market

Nifty Moved from 5600 to 5400 and from 5400 to 5500 today. How many points were you able to made out of it.
When I intreact with my readers on Mail or Phone I feel most of the people loose money for  reasons as mentioned
1. They are very rigid in there views — They have made there minds Nifty will go down so even if it goes up keep holding the positions. Keep on averaging your loosing trade till you are exhausted of your cash
2. Most of people Trade in Naked …
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