Why 90% Of Traders Lose Money (And How I Almost Became One)

Everybody on TikTok shows you profit screenshots. Nobody shows you the losses.

When I started learning trading, I thought I would turn 10k to 1 million in one week. I was wrong.

Here is why most traders lose:

1. They trade with emotion, not plan
When price goes up, they buy because of FOMO. When it goes down, they panic sell. That's how you lose twice.

2. They use all their money at once
Smart traders use only 2% - 5% of their money per trade. If you use 100%, one bad trade finishes you.

3. They follow signals from strangers
If someone is really making millions from trading, why would he sell you signals for 5k? Think about it.

Trading is not gambling, but most people treat it like gambling.

If you want to start, start like this: Learn first. Watch the chart for 30 days without putting real money. Use demo. Only trade money you can afford to lose.

I am still learning. Are you learning trading too? What was your first mistake? Tell me in comments.

Follow me for Part 2 tomorrow. I am documenting my trading journey here, the wins and the losses.

Tags: Cryptocurrencies, Trading, Business