💔 Why do 99% of traders fail?
Trading is actually quite simple; the key lies in the "trading triangle": trading plan, risk management, and psychological quality. Many people focus only on strategies while neglecting these three essential elements. 📊
🔑 1. Trading Plan: This is not just about buy and sell decisions; you also need to consider your funds, the risks you can bear, and your goals. Strategy is just a tool, while the plan is your blueprint! ✍️
🔍 2. Risk Management: Wise traders know how to control risks. No matter how hot the market is, risk management allows you to survive in adversity. 💡
🧠 3. Psychological Quality: Emotional fluctuations often lead to poor decision-making. Staying calm and rational is essential to remain undefeated in the market. ✨
Many traders "fail" because one of the angles in this "trading triangle" is not aligned correctly. It might be that the plan is not comprehensive enough, psychological quality is poor, or risk management is insufficient. 🚫
My successful students all began their journey as winners after identifying and solving these issues. 💪 If you want to avoid these common mistakes, follow me, and let’s learn and progress together! 📈 Remember, successful trading relies not only on strategies but also on a complete trading system! 🌟
