Post
Topic
Board Trading Discussion
Re: Why some traders lost there capital easily.
by
Barikui1
on 19/03/2024, 07:21:37 UTC
some traders lost there capital easily because of greed. traders most have patience in the first place.ifa particular coin drop you buy it when risen a little you refused to sell and make your money. suddenly the particular coin depreciate and refused to rise for a long time.if you don't have patience you lost everything.that is while traders should have others sourced of incom.


It's not just greed that makes a trader lose money in trading,  their are several things in trading that makes traders lose money, such as lack of knowledge in technical analysis, lack of experience, lack of patience, lack of emotional control, making impulsive decisions, not knowing when to stay off the market, event that was out of your control, something like news, something like over leverage, something like wrong entry and even  holding on too long when you should have let go, so their are so many things that can make you lose money in trading, that's why it's advisable that before you go into trading, it's best you go for knowledge first in order for you to succeed.