Why Do Traders Lose Money Part -I?
As per data analysis, trading with no strategy or trading edge has a
50% chance of success over a long series of trades. Markets at all
time highs its time to ask yourself did you make money in this move, If
yes you are the few disciplined one who have made money if you have lost
than its time to introspect and learn from your mistakes and prepare
yourself as a stronger trader.
The main reason most traders lose money is because the majority of people have little self-control and cannot resist the temptation to over-trade and over-leverage when there is no one to be accountable to.
Another main reason most traders lose money is because they try to buck the trend for some reason, even though they KNOW they have a statistically higher chance of winning by sticking with the trend until it is clearly finished.
Lets discuss the above points
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The main reason most traders lose money is because the majority of people have little self-control and cannot resist the temptation to over-trade and over-leverage when there is no one to be accountable to.
Another main reason most traders lose money is because they try to buck the trend for some reason, even though they KNOW they have a statistically higher chance of winning by sticking with the trend until it is clearly finished.
Lets discuss the above points
posted by Bramesh at
2:03 PM
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