Why Is It So Hard to Survive in Trading?

In the trading business, it is actually not much different from other businesses, there must be times when traders experience profits and losses. Especially when a businessman or trader is still a beginner, they will often make fatal mistakes that are difficult to overcome if they don't know how to avoid them. These fatal mistakes make them often experience losses and find it very difficult to make profits or profits when trading the forex market. These are also some of the reasons traders find it difficult to stay in trading:

High Hopes or Dreams

The reason traders struggle to survive is that their hopes or dreams are too high. Many traders enter the world of trading because of their hopes of getting rich quick, high profits, etc. Things like this make it difficult for traders to survive in trading, because when they experience losses or don't get rich quick, traders will experience bad psychology and won't even trade again.

Want Instant In Profit

Many traders enter the world of trading because they want to have big profits in a short time. Even though the perception about it is a wrong perception because trading requires a very long process. Learning to trade takes months or even years to become proficient at trading. There are many things that need to be learned in trading, be it trading systems, trading psychology, money and risk management, etc.

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