Why you keep losing money in trading

[Wallflower]

There are many reasons ! But here are some of the most common ones:

1. Not having a plan or strategy.
2. Not knowing when to enter or exit a trade.
3. Not managing risk properly.
4. Not having enough capital to weather the stormy periods.
5. Trading emotionally instead of logically.
6. Not using stop loss

 

[andreafaccina]

The main cause of losing money is fear! Then comes the rush to close..
yes, be right trading mindset, then correct money management.
Any operation, if opened with the right lot size, by adjusting it, can be brought into profit. You just need to have patience, a cool head and a clear mind.

 

[Mocklive]

The main reason for traders losing money is inadequate knowledge, risk management, and discipline. When it comes to trading, proper risk management is required. Not only strategy is vital, but discipline and risk management are equally important as they lead to successful trading. Unfortunately, many people disregard risk management and focus solely on profit. This is why 95% of people lose money.

 

[Sufflate]

Lack of patience ; Imo, many traders simply don't have the patience to wait for the right opportunities to come along. They may enter the market too early and get out too soon, or they may hold on to losing positions for too long, hoping that the market will turn around and make trading decisions recklessly.

 

[bennogas1980]

FOMO = fear of missing out. How many of us trade gold without reading the charts

 

[InnerMarshal]

There could be multiple reasons traders lose money in the market. The main point being lack of understanding the market sentiment and psychology. Traders need to make it a point to learn where they stand and how to maintain a level of consistency to save their accounts and protect their capital. They should adapt strong risk management strategies to stick around longer.

 

[Serimeter]

Because many individuals focus on minting profit and they don’t pay attention to the process and how knowledge suffices above all. Managing risk and budgeting capital should be priority until experience is gained and traders can reach their goal. Stay organised and follow a plan. Only those beginners earn profit who are true to their own thoughts and beliefs.

 

[Hercule Butler]

Most of the people lose money because they don’t have proper risk and money management systems. Trading with discipline and having proper risk management can surely save you from losing money in the market.

 

[Maaandresy]

I need more knowledge and Money Management, because when these two things are not applied I feel like I'm gambling instead of trading

 

[khaledjom]

There are variety reasons why man people keep losing money on these synthetic binary.com indices it can be due to lack of good strategy, poor trading mindset, perhaps lack of good capital, etc but some people have it all they have a good trading capital, right trading mindset and killer strategies but still they keep losing money on and on. Don’t get me wrong here, am not saying they don’t make any profits, no! but they make super profits for a while then a losing streak starts and their account gets wiped out. In essence losses>>>profit which isnt good anyway. If you don’t believe me jus go to your indices trader friend and look at their profits and losses history you will be surprised by the reds and negatives u see. Why!? Cause they lose much than what they gain.

Some common mistakes that are committed by the intraday traders are averaging your positions, not doing research, overtrading, following too much on recommendations.

 

[Nightale]

the number one reason for me is FOMO, need to fix this bad habbit

 

[Contraband]

You can lose money easily if you don’t follow a plan and pick the right opportunity that has potential to match your goals. Many newbies fail to keep the focus on the end goal and often get distracted with quick money making techniques. Hence, stay on track by being organised and disciplined. Learn from your mistakes and revise the strategies as and when you need to.