Post
Topic
Board Trading Discussion
Re: Why people mostly fail in trading
by
Ishicryptic
on 17/06/2025, 10:49:12 UTC
Trading isn't a quick way to get rich because it's tougher than it seems. Success lies in knowing the craft, controlling emotions  and managing risks you can afford. Mistakes often come from thinking it's easy or relying on a couple of YouTube video so we should always verify our facts and do not always be impuslive in making decisions

Successful trading lies in knowing what to do but trying and attempting in different processes and medium.Many factors lie essential but traders fail in patience to follow through successfully and consistently.Market behaves differently in different categories that's when many fail to the marketing conditions leading to large risks.
Many people fail in trading because they are in a hurry to make profit, they see it as a get rich quick scheme, in the end they will learn the hard way that trading is risky and it's not for everybody.  One of the biggest problem and a big reason why most newbies fail in trading is because of YouTube influencers, they teach charts in a 30 minutes video and many newbies will think that they are ready to start. Trading is not like gambling where skills and experience is not important, in trading you need to learn and possibly be mentored by a professional trader who has experiences on how to avoid greed and impatience inorder to become profitable.