Mostly of the points I can say comprehend for common doing by most of the traders as said in article can reach 96%....All of them are ended in losing their money while just 4% winning by earn the profit. Well, it is not easy to customise what can do and can't do for successful trader.
I think the most common problem with traders and why they loose is because they dont have goal setting and majority of traders are quite too greedy and full of unrealistic expectation. Some traders hear that people make millions of dollars in trading cryptocurrency and they think that it is a day job, or just a single trade profit, and when they see an increase, rather than take it, they feel it is little till they lose it all.
If a trader really wants to have profit, he needs to learn to trade right, set goals, and make use of the tools that has been developed to help traders in maximizing profit and minimizing risk in their trade, no matter how good or bad the trade may look.
Secondly, they say knowledge is power, this is very important first in trading for any trader to succeed.