franklinmckinney posted: Most people fail because they get into overtrading or don’t pay interest in knowing about the market. The ones who fail are mostly who just enter into the market to just have profits.
Yes. Most traders lose their money because of their low knowledge about trading.
It's nowhere near impossible to make consistent profits. You just have to learn to read the charts properly. Forget indicators. Forget support and resistance. Read the candles properly, as they tell you exactly what the banks are doing. Dump the retail trading methods, signals and EAs
Yes I agree that most people tend to fail in trading because they only think about the goal of making profits, and disregard the need for proper analysis prior to making a trading decision. Trends need to be discerned, and a trading strategy should be in place to help you make proper choices at the best possible time.
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