29/07/2020
Do you know why 90% of traders ends everyday in loss?
Small equity traders (Below $1000) uses high lot than big equity trader. they are ruled by Greed, this is why most of traders lose their 1st trading account They are good in revenge trading.
it's noticed these traders apply big lot size trying to recover previous loss . this method won't help them.
if you are trading with small capital like less than 1k usd and you exceed 0.05 trading lot, you will soon wipe the account.
another reason is Poor risk Management.
We can somehow avoid losses if we follow basics of money management and some trading skills.this is possible with only practice , which can make you perfect day by day.