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While it's not possible to predict the market with absolute certainty, skilled traders use various tools and analysis techniques to assess probabilities and make informed decisions. Technical analysis, fundamental analysis, and sentiment analysis help traders gauge potential market directions based on historical data, economic indicators, and market sentiment. I think it's possible to achieve consistent 60-65% win rate for average trader.

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  • 6 months later...
Guest JulietteGirard
Absolutely. Most traders, especially new ones, end up blowing their accounts due to greed and a lack of market knowledge. Trading requires patience and emotions should be kept out of the equation.
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Absolutely. Most traders, especially new ones, end up blowing their accounts due to greed and a lack of market knowledge. Trading requires patience and emotions should be kept out of the equation.

 

Absolutely. Most traders, especially new ones, end up blowing their accounts due to greed and a lack of market knowledge. Trading requires patience and emotions should be kept out of the equation.

 

Many traders, especially newcomers, often blow their accounts due to a lack of proper risk management and emotional control. They may overleverage their positions, ignore stop-loss orders, or let emotions like fear and greed dictate their trading decisions. It's crucial to have a solid trading plan, stick to risk management principles, and stay disciplined even during turbulent market conditions to avoid account depletion.

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  • 1 year later...

The newcommers lose money because they come with a mindset of becoming rich right over the night after joining this industry. They do not cater trading as a business and treat it like casino to push buttons to make money.

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  • 3 weeks later...

nobody can really predict exactly what the market’s gonna do so it’s totally normal to feel a bit of fear when trading but greed is where things can get risky fear can make you cautious which isn’t always a bad thing but greed pushes people to overtrade chase losses or take big risks hoping for quick wins that usually don’t end well in my experience keeping emotions in check is just as important as knowing your strategy i’ve been trading with lmfx for a while and what helps is how they lay out the market info clearly so you can make decisions based on facts not just feelings

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