Lack of knowledge is yet another issue;
trading without a solid understanding of markets and strategies can be disastrous.
These two things are very important, as they are all the same. However, it is very important that we study what we are doing. We should try and study whether it’s investments or trading. We should at least study them all to avoid losses. It will also protect us from emotional conditions that will affect our journey during the trading process because, as traders, we should need to overcome our emotions before deciding to trade. Also, knowledge is something we need before entering the market. Without knowledge, the risk will be higher than that of other people.