It's crystal clear why people lose money in trading, and it's because of lack of knowledge, and they actually don't know that in trading, you get only what you deserve, if you are good in the craft, you will definitely be profitable, but if you are not or you have no knowledge about it, you will be getting liquidated time without numbers.
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it's true that most of those who lose on trading are those who trade with the wrong mindset, where they enter the market without good knowledge and they play with high leverage. they think that trading is very easy and anytime they can make money from it, but unfortunately what happens is that their trading plan is wrong and in the end they lose big from it.
True, I agree with you on this issue, which I see lately quite a lot of beginners who come without bringing any preparation, they come and get involved without being based on qualified knowledge and knowledge that will be the basis for consideration in terms of making decisions to open trades and all because they are too focused on profit opportunities that they think are easy to get when obviously if you already know about how to trade surely you will say that making profits in trading is not easy.
Opening a trade with a high level of risk such as using high leverage means that the possibility of risk will also be very high. Misunderstanding from the start about how trading works to really be profitable is a concern in this case, they think that making a profit is not difficult, even though sometimes traders who already have high flying hours or who are experienced are still often trapped in loss situations and even they find it difficult to really make consistent profits, especially those who are still beginners. So it's only natural that in the end losses dominate.