Why do 90% of traders lose on trading platforms? An example from the OM coin.

It is known in the crypto and trading world that more than 90% of individual traders lose their money, especially in highly volatile markets like cryptocurrencies. The number may seem shocking, but it reflects a reality that every new or even professional trader must understand the reasons behind.

What are the reasons behind these losses?

1_⛔Greed and fear (FOMO and FUD)⛔: Many traders enter trades at the wrong time due to inaccurate news or analyses.

2_🔴Poor capital management🔴: Some invest their entire budget in a single coin without diversification.

3_🚫Lack of a clear strategy🚫: Entering and exiting trades randomly without a plan or analysis.

4_🤦Relying on random recommendations🤦: Especially through social channels, without verifying or studying the project.

Practical example: OM coin (MANTRA)

$OM coin has witnessed a significant drop recently, having fallen from very high levels to below $0.50. Many traders entered the upward wave late, at price peaks, due to FOMO. But as soon as the market corrected, the coin lost more than 70% of its value within days, even within a few hours, leaving those who bought at the peak in a difficult position, surrounded by losses and psychological pressure. Among them was a female trader from the UAE who lost nearly $1,000,000. Can you imagine the magnitude of that loss?

On the other hand, those who used technical analysis, or entered with strong breakouts or clear support, had a chance to exit with a profit.

Summary:💯💯💯

Trading is not a game of luck☑️, but a skill that requires learning ☑️, patience ☑️, and discipline☑️. Don’t be among the 90% who lose due to randomness and impulsiveness🚫. Always research🧐, learn from past experiences🕝, like what happened with $OM, and develop your own strategy.💱💲

After all that, trust that you will be among the 10% who make profits daily.

Have you ever lost a trade because of FOMO? Share your experience in the comments.

🔔Follow me for more profit strategies from Binance! And don’t forget to like and follow 😘 to stay updated.

#Binance_Profits #Passive_Income #Earn_Cryptocurrency #Free_Cryptocurrency