Quote from: Maslate on February 15, 2024, 09:35:59 PM

People fail in trading because they are not capable to win. Not only because they don’t have what it takes to make a profitable trade, but they are also not well prepared enough to trade due to lack of knowledge and skills, and most probably they lack the trading experiences that will make them master their trading. However, some people fail in trading despite of their trading knowledge and experiences, but since they find it hard to control their emotions, and would always based their decision from their emotions, then this kind of people will never win from their trades.

Many people struggle with emotional regulation. Many traders are killed by greed, which is why they keep losing money in trading even with their knowledge and experience. Technical analysis and basic trading knowledge are vital to know as long as trading is an issue, even though they are what cause many traders to lose. To be successful in the market while trading, traders must be knowledgeable about every facet of trading.

Quote from: moneystery on Today at 04:08:04 PM

most people who trade for the first time think that they can double their money using their messy analysis and very little knowledge. so that when they enter the market using real money, they immediately lose, because their expectations do not match the reality of a market that is so dynamic. and once they have a bitter experience in the market, they will think that trading is like gambling and it will just be a waste of their time.

that's why before trading it is important to build knowledge and understand first how the world of trading works, so you can minimize the possibility of failure and just wasting money in the market.

These are the people that view trading as a quick method to become wealthy; they never take the time to learn the ins and outs of the market, which means that they are always losing money when they trade.