A list of reasons why most traders lose money, and what to do to fix the situation:
🔴 Why are you losing money?
1. Trading against the trend – You try to catch reversals without confirmation because "the price has already risen/fallen too much".
2. Lack of discipline – No clear plan: entry, stop-loss, take-profit. You trade on emotions.
3. Blind trust in "gurus" – You buy signals or copy others' trades without understanding the logic.
4. No risk management – You enter a trade with too large a volume, not considering the risks.
5. Greed and fear – You close profitable trades early out of fear, while holding onto losing ones in hope of a rebound.
6. Lack of education – You do not study the market, do not test strategies, do not analyze mistakes.
🟢 How to fix this?
✅ Trade with the trend – "Trend is your friend". Do not try to guess reversals without clear signals.
✅ Create a trading plan – Fix the rules for entry, exit, and capital management.
✅ Learn to analyze – Master Price Action, candlestick patterns, support/resistance levels.
✅ Risk properly – Do not risk more than 1-2% of your deposit on a trade.
✅ Keep a trader's diary – Record every trade, analyze mistakes.
✅ Stop looking for the "magic pill" – No signals, indicators, or advisors can replace your own analysis.
📌 Conclusion: If you are not ready to learn and work discipline on your strategy – the market will take your money. Success in trading is not luck, but a skill that needs to be developed.