Many enter the markets treating trading like a lottery ticket rather than a disciplined business. They lack a proven, back tested strategy and rely on "gut feelings" or social media hype.
one of the reasons poor management . Amateur traders risk too much capital on a single trade. When a trade goes wrong, instead of cutting losses early, they hold on out of pride, hoping it turns around, until their account is wiped out.
The Greed makes people chase bad trades; fear makes them exit winning trades too early. Successful trading requires executing a plan mechanically, like a robot, which goes entirely against human nature.
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