Quote from: alexyong342 on November 02, 2018, 05:27:15 AM

Trading and investing in financial markets seem so easy. The market can only do one of two things. It can go up, or it can go down. So why do so many people lose?

It's clear why so many people lose, and trading isn't always so easy..
Yeah it's quite easy to buy when prices are low and sell when prices are high, basic hodling

But what about those who flout trading rules and buy when the price is rising(its always not so good), for example numerous individuals bought bitcoin when it was 20,000usd and they've seen the price fizzle down to 6000+,that's about 14,000usd dollars loss for those who've been faced with issues and had to sell off.
And for those who are still hodling,they only can wait and hope..

It's basic,never sell lower than what you bought for,except you're in dire need of the cash

So many people also lose because they put all their eggs in one basket
No matter how little your capital is always try and split it into different baskets,that way in case of any mishap you'll have what to fall back on