5 Reasons Why Traders Lose Money 💰

Here is the link.


Five reasons why traders lose money:

1. Trade real money too soon;
2. If you can not succeed in simulation, then you are not ready for day trading
3. No strategy - long term success 
4. Business viewpoint, right tool; spend extra money on right tools; Small losses are ok, not personal;
5. Wait too long to start

Trade real money too soon

Too confident. No training. No prior experience.

Skill level evaluation. Extra pressure. Emotion response.

No strategy 

You have to have strategies. It takes years to find strategies. You should not invent the wheel.

Some sells strategies. Some sellers are not authentic.