Hi every one this article is about why people lose money on trading platforms such as forex and crypto and stock markets:
1- Not having clear strategy: +{You need to have one or more specific strategies and act on them! You should prepare a checklist for each strategy, and this checklist should include tools specific to that strategy And when trading, follow your strategy and the tools in your strategy}
2- Not taking lessons from their mistakes: +{If you lose in a deal, see what you did wrong and investigate and learn from it so it doesn't happen again}
3- Not sticking to risk management rule: +click it A simple explanation of money management!
4- Don t cut your profit: +{Limit your losses and let your profits run}
5- Don t over trade: +Excessive trading has two important problems: A-{causes a lot of stress and excitement} B-{You have to pay more commission}
6- Don t force yourself to make money
7- change your mindset from gambling and making a million over a night +{Forget the mentality of getting rich overnight ,Those who are patient win and those who are not patient lose}
8- make a responsible mindset and report to someone.
9- Don t trade when you are emotional.
10- Don t try to beat the market just follow the market +{We should not move ahead of the market, we should follow the market trends, whether ascending or descending}
11- this is a serious business don't play with your money for excitement.
please take note of this article so that you would be successful in your trading life.