1. Lack Of Proper Trading Education
2. No Risk Management
3. Lack Of Patience
4. Having that mindset that trading is an easy money generator.
5. They set up goals basing on others positive outcomes
6. Emotion
Lots of experience or things that you should face on first before for you to able to learn.
It will vary on each person because not all would have the same effort on learning things up.
Your point is really good, i agree with that.
But i don't understand about emotion, how can emotion in trading ??
I think trade is about prediction and lucky, when you get the good prediction and lucky you will get a hight profiit fot that trading.
I don't know how about emotion for trading ??