Why do beginner traders fail?
Asked by Jessy Last Modified
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They come with the dreams of quick rich scheme scenario not the wealth creation , Would you like to make 20_30% return in a year in this Market ? i think not you wanted to make 10x or 20x of your Capital .
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Beginner trader fail because of they dont know risk and reward raio. Proper money managment .and trade with small amount and think big profit.
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Wrong strategy and setup, No risk management,No capital management
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Many factors works together. High expectations , poor risk management , indiscipline , lack of mind and emotion control etc
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