"Why do 90% of people lose in trading?
And how can you avoid the same fate?"
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There is a clear reason why you are losing in trading,
it's simply because you entered without a plan, my friend!
Let me tell you about 3 deadly mistakes beginners make:
1. Entering during the trend:
Everyone buys when the currency is flying, and sells in fear when it drops…
The solution? Buy during fear, not during excitement. 🙂
Let me know if you’ve fallen into this or not 😂 because trading simply takes control of all your emotions and if you can't control them, you will be destroyed.
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2. Trading without capital management:
You enter the trade with your entire balance, first loss… the entire account is gone.
The solution? Distribute your capital and set a small risk percentage. 😎
And here we return to the story of excitement and fear, sometimes you get excited and say “I’m winning, I’m winning” and you put all your money and whoops, it’s a loss, oh George, I’m going to jump from the building, oh George 😂
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3. Relying on random recommendations:
Someone on Telegram told you "enter now", so you entered?
The solution? Learn analysis, follow the news, and decide for yourself.
And a portion of my losses came from recommendations because they enter with high capital, they don’t care, but your capital is $100, so if it skyrockets, you get destroyed. I’m not saying the recommendations are wrong, on the contrary, buy from them normally and you’ll profit too, but be careful.
Don’t forget, YouTube is a great platform to learn from with free courses. 👍