Many people fail in trading atimes because they lack the ability to access, evaluate,and examine the market situation at that time.They are only focused on putting money in it,and won't care about checking whether the time they want to invest in the market is the appropriate time or it's a wrong timing.
As we all know that trading is something you don't just rush to invest your money in,it is something you sit down to analyse critically,and and have a proper check to see that if you are putting in your money,it isn't going to go in vain.
if he does that, then he's the type of person who makes an investment then forgets about it and checks it out in the long run. However, this trick is quite risky and tends to lose if we don't check it in a while.
However, it's all a matter of how they choose assets to trade and how they trade them. It could be that their strategy or technique is wrong, or they chose the wrong trading asset. However, there are many reasons why people fall into trading, but the most common is a lack of knowledge.
Yes, there are many reasons why someone can be wrong and always lose in trading and you are right that the most common is because they do not have sufficient knowledge. Trading is not as easy as imagined, in practice it will be much more complicated, and when we do not understand it, we will always get losses and losses. It doesn't matter whether they are beginners or someone who has been in this room for a long time, when they do not have sufficient knowledge, they will get losses, even someone who is already a professional still feels this loss. In addition, psychological factors will also greatly affect when we trade. When we trade in an uneasy state, we will tend to make hasty decisions and that will make our trades lose because we rush in doing analysis.
And having that lacking of knowledge is never been that good on any way and this is why on the time that you would really be that dealing up with something then make it sure that you are really that making yourelf at least aware on the risks involved when it comes into this matter. There would really be those individuals who do really that become delusional on the time that they would really be dealing up with something as if they are really that able to make things that too easy for them to deal up with. On the time that you would really be that making yourself that delusional then this is the moment that you would really be that prone into tons of mistakes and this is why its never been that ideal on this case. Failing is really just that part of the learning process because you wont really be able to learn if you wont really be failing up.
Failures are stepping stones for you to become that a better trader on which it would really be just that normal that you would really be having those kind of consideration on taking a learning from it rather than on making yourself turn back and never ever be dealing with it up again. IT all matters about self acceptance and realizations on how you would really be doing things accordingly.
This is why its really that recommended that you should really know on what you are really that doing.