Quote from: Othellobit on April 25, 2023, 04:40:26 PM

I know there are other reasons why people lose in trading but the more common among traders I would love to mention is greed. The desire for more cost traders to be too drastic in setting their leverage while trading, even at high volatility. I don't see distraction to be a good reason cuz I know of experts that still make their money on trading irrespective of the level of fun, their condition, or their position. When u are used to the trading system I'm not sure you will be losing due to distraction

Good point of view. And in my opinion, distraction is not the main cause of loss but greed, lack of knowledge and self control…etc. Plus, it is really essential to be completely focused while trading or making decisions due to one mistake may cause a massive loss especially when you do daily trading and your capital is pretty large .
In addition to that, you will be able to limit losses when you gain experience, practice and improve your decision making, they will be definitely achieved by time. In conclusion patience, education, and self development are ones of important keys to succeed in crypto trading.