Why many people fail to make money trading?

Hello Folks,
                    Why do many traders fail to make money?.From my experience.

• Fear!! Is the number one reason why many traders Lose money.When we are fearful we make bad decisions or judgements and that's the Reason why we do well in paper trading and lose money when real trading .So, how to remove fear? .Its simple,Trade with quantities small enough so that you don't get disturbed,accept the risk completely.Trade small and expand.Make yourself comfortable in losing and winning!.

• Lack of patience to trade or wait for the complete signals.

• Chasing the trade,dont try to catch a trade!let the trade come to you buddy!.Haven't you observed, the trade you chased ended in lose!?. It was not meant for you buddy!.

• Not having a stoploss. Not having  stop loss is one of the biggest mistake which a trader make.Not having a stop loss means that you haven't planned the trade well enough or you are overconfident in your analysis!.Stoploss can save you from tough situations because at times we might be in doubt whether to exit or not,and thinks that the trade might come back to you and that could end up making an even big loss.

• Over trading and revenge trading-Both of them are contagious never ever do that.Just think, there's another day!.

• pro tip-Always have a reasonable target to take profit.booking profit is equally important in this game.

• Trading is not a single day event,it’s a edge created on uncertainty with time,so stick to plan and let the market play out the profit.

Ok guys,that was this article all about,was busy so couldnt write!.

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