Summary
Why do most traders lose? The psychological traps no one mentions.
Most traders enter the market with dreams of getting rich quick, but statistics show that more than 80% lose money within the first year. The reason? Not a lack of tools or analysis, but psychology.
🔹 The most important psychological traps:
Greed: Entering trades larger than the account size, with the goal of quickly multiplying profits.
Fear: Hesitating when a clear signal appears, or exiting profitable trades prematurely.
Market revenge: After a loss, the trader seeks to immediately make up for it with random trades.
Ignoring the plan: Entering based on "feeling" rather than adhering to a written plan.
🔹 How to avoid it?
Write a clear trading plan (targets, stop loss, position size).
Don't monitor your profits/losses moment by moment; focus on the quality of your decisions.
Remember: The market doesn't know you or care about you. Don't try to prove anything to it.
🔹 Bottom line: The difference between professionals and amateurs isn't in indicators, but in controlling emotions. Those who control themselves control their money.