#TradingPsychology #TradingPsychology
Why 75% of Traders Go Bankrupt: The Shocking Accounts Behind It 📉💸
Trading seems like a fast track to wealth, but most traders lose their money. In fact, 75% of them fail due to accounts, psychology, and lack of preparation.
**Harsh Trading Accounts** 📊
1. **Recovery of Losses**: A 50% loss requires a 100% gain to break even. The larger your loss, the harder it is to recover. 🔻
2. **Fees**: Small fees accumulate. Paying $500 a month in commissions can cost you 60% of your $10,000 account in one year. 💰
3. **Leverage**: Leverage amplifies both profits and losses, exposing your account to significant risks. ⚡
**Psychological Risks** 🧠
- **Fear** causes you to exit early, leading to losses. 😟