Most of the traders lose their money because of their low knowledge and experiences.
Ignored
Yes you are right. Lack of knowledge and experience is one of reasons most people lose here. Another reason is trading psychology. People can't control themselves opening trades. As a result they open a lot of unnecessary trades.
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Joined Mar 2016
|641 Posts
wrong trading method is very common attitude in this trading place , generally when making trading we got emotional and create unrealistic plan , as a result at the end of the day we become loser and blame this market place.
wrong trading method is very common attitude in this trading place , generally when making trading we got emotional and create unrealistic plan , as a result at the end of the day we become loser and blame this market place.
Ignored
Correct and this causes traders to grow aversion toward the market and label it as something where everyone is doomed to lose their money.
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Joined Aug 2020
|109 Posts
People who lose maximum time in trading do not have good money management and risk rewards. Trading is not an easy thing to do if you join trading and make a profit. You have to make a profit by combining many strategies. If there is a lack in the combination, it is difficult to retain the money invested.
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Joined Apr 2018
|323 Posts
what you think about money management ? any difference between money and risk management ? according toe me, its all about same issue , nothing without it.
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Joined Jul 2020
|129 Posts
You are right, negative emotions can be the biggest obstacle to trading profit. You can gain a lot of profit by trading if you can control negative emotions.
The most common mistake made by many traders that later turn in losses is by not doing their homework and trading blindly by following advice from random sites on the web without doing proper research on it.
