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Why traders lose money:
Listening to others & following tips.
Newbies invariably listen to others & follow tips. Sometimes d tip may be successful, but over d longer term, it’s a loser’s game.
#TradingMentorshipProgramme
1/N..
Listening to others & following tips.
Newbies invariably listen to others & follow tips. Sometimes d tip may be successful, but over d longer term, it’s a loser’s game.
#TradingMentorshipProgramme
1/N..
2/N
Reacting to news:
Inexperienced traders will hear about companies reporting good earnings or the quarterly GDP growth numbers were ahead of forecast, and the next day they’ll go long only to be stopped out at a loss.
Reacting to news:
Inexperienced traders will hear about companies reporting good earnings or the quarterly GDP growth numbers were ahead of forecast, and the next day they’ll go long only to be stopped out at a loss.
3/N
It takes a long time to understand that once the news arrives , the information is already old. The market has already anticipated and reacted to the news and new traders don’t realize this.
It takes a long time to understand that once the news arrives , the information is already old. The market has already anticipated and reacted to the news and new traders don’t realize this.
