Causes of Success and Failure in Trading
🔥 Causes of Success and Failure in Trading
✅ Causes of Success:
1. Clear Plan
2. Control of Emotion
3. Fixed Stop Loss
4. Risk Management
5. Recording Trades
6. Market Study
7. Commitment
8. Ignoring FOMO
9. Testing the Strategy
10. Avoiding High Leverage
❌ Causes of Failure:
1. Random Trading
2. Making Emotional Decisions
3. Lack of Plan
4. Not Using Stop Loss
5. Excessive Risk
6. Lack of Learning
7. Following Rumors
8. Revenge Trading
9. Over-Leveraging
10. Not Documenting Trades