However, because of their myopic mindset or weak psychology, they forget to understand that a loss is only a learning process or lesson for trading.
Each loss will not only help you but it will mould the successful trader you will tend to become in future.
The problem is when someone experiences continuous losses, it will make them not persist in trading because it is difficult to find sources of capital to be involved in further trading. Failure will make someone more experienced, but it is different when we are involved in trading because when we experience continuous losses, it will make it difficult for someone to meet the capital for further trading.
The method may be possible as long as someone is involved in trading by relying on small capital and they can train their skills to be much better. But sometimes the psychology of dealing with trading is quite different and not as easy as it is said because there are times when we lose even though we apply a strategy that is considered appropriate.