There are below possibilities.
Trader is not knowing or learning technical properly. People learn themselves from net, but dont know whether they read the correct content and understand it properly. They apply it with their own perception in a wrong way and lose money.
The biggest mistake that the majority of traders make at all levels, is that they trade too big. Big position sizes cause emotions to run high, infringing on reason. Big losses are also more financially and emotionally devastating. The position size of a trade should never put a trader’s lifestyle or trading career at risk.
If a trader does not take their original stop loss, they will allow small losses to become big losses.
if you are serious about trading, you treat trading like a business.put in the hours, be patient if things don’t work out immediately as you expect.
This one rule is the difference between the winning or losing traders. A winning trader gets out of a wrong trade with small loss. A loser lets the losses run.When in profit, let the profit run.Do not limit your profit by having targets. Control it with trailing stop losses. Let the market reward you for your patience.
Trader is losing formed as a habit. If you ask a chain smoker, why you smoke, he will reply, I dont know or cant stop smoking. Anything you repeat form as a habit. Once it is wired with your brain, you cant remove it. So dear traders, if you are losing money, find the reason why and rectify it as soon as possible before you become addicted to losing money in trading.
Thank you for the support guys.
