One of the reasons why many traders fail on trading platforms is because they cannot adopt a good trading strategy. People who do not acquire proper knowledge of trading strategies lose very quickly on trading platforms.
Indeed. It is not easy to know right trading strategy. When we decide to use which trading strategy, we must do analysis or research first. We need to adjust the strategy with the current market condition. We also need to consider the strategy with the characteristic of the coins to trade. So, it is not a simple way to determine the trading strategy. Sure, it requires good knowledge to have a proper strategy in trading.
Those who take maximum risk with little knowledge fail very fast in trading platform also those who are too greedy while trading also fail in trading platform because too much greed can never make a person successful in trading platform I am proof of that.
It is true. If we force to trade hastily, the chance for a lose will be higher. Moreover, if we trade with a greed, it is another big reason to fail. These things must be avoided in trading, we must learn how to deal with these bad things. If we still can't deal with them, it is better to not trading, just focus on learning first.