Main mistakes that prevent you from making money in trading Trading without a strategy.
The first and most important point is to have a trading system. Successful trading is simply impossible without a profitable trading strategy!
Lack of knowledge and experience.
It is impossible to start making money in trading without knowledge and experience.
Ignoring risk management. This is one of the biggest mistakes, before thinking about how to make money faster, you should ask yourself how not to lose your money! A risk management system will help you in this matter.
Intuitive trading.
Most traders trade intuitively. Sometimes they are really lucky. But only temporarily. In the end, such market participants still lose all their money.
Using large amounts.
Beginners often think that it's impossible to make money with a small amount of money on their account. The fact is that if you can't increase $100, you won't be able to do it even with $1,000,000.
Fast money.
Exaggerated expectations and the desire to make money quickly only lead to loss of money. Trading is not a lottery or a casino. Trading is a systematic sequence of actions by which a trader gradually increases his account.
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