I see a lot of traders who fail in this field, because they do not have patience and consistency in learning, that they are successful traders who study for more than a year or even two years so that they can have the ability to analyze the market and can have their own methods in making profits from trading.
Yes, lack of proper knowledge about trading is one of the main reasons why many people fail, but the truth is that trading is risky, and even with proper knowledge, some people still fail. No matter how good someone may be, trading involves serious risk. Also, let us know that it is not a full lack of knowledge that always causes some to fail in trading. Sometimes, even with proper knowledge, your analysis can still fail because there are some people who manipulate some coins, so if you fall under this type of coin to trade, it is very easy for you to fail because manipulating involves.
Don't give up quickly in trading, there are many mistakes that you have to take lessons from, walk slowly and with principles in trading with risk management that you can control and not overdo it so that you can take advantage for yourself.
Making mistakes is okay when you're learning new things, like trading. If you want to be really good at it, you shouldn't stop trying just because you make a few mistakes. When you start trading, it's normal to mess up sometimes and lose money. But that's how you learn and get better. So, if you give up too quickly after making just a few mistakes, you might miss out on becoming a successful trader. Remember, everyone makes mistakes, and it's all part of getting better at something new like trading.