1. No savings.
Some traders died because of heavy positions, but many people failed to escape the same fate because of frequent access and excessive trading!
Too frequent operations and too much attention to trends and small changes in intraday trading are another important reason for the failure of most investors.
Frequent operations not only make us pay high transaction costs, but also make us highly nervous. A little carelessness will lead to losses, make our mentality worse, and thus aggravate our mistakes. From a psychological point of view, we just have no plan, just place orders casually and emotionally. In the end, we have a bad mentality and a good chance of winning. Just like a blunt knife cutting meat, cut it off bit by bit.
Don't reflect
Our ignorance of the market leads to failure, including failure caused by our greed, failure caused by our fear and so on.
Foreign exchange investment is a contradictory process; What is difficult is not failure, but introspection after failure! Is to learn from the failure, so that you will not repeat the same mistakes in future transactions!
If you can't learn from your failure and learn from the experience you should have gained, then your failure will be in vain, then your failure will continue, and you will eventually get failure!
3. I don't know how to advance and retreat
Trading is the beginning of success or failure of trading. Good entry point, exit point and rhythm control in the process of market development are topics that traders must study in depth.
If at this point, traders do not have their own systematic methods and principles to implement, then losses are absolutely inevitable.
In fact, many traders blindly enter the market when they know too little about the market, which is one of the most important reasons for the large-scale losses of futures traders. In fact, the futures industry, like other industries, cannot succeed without systematic learning and a lot of practice.