For beginners in futures trading, losses often stem from a combination of factors. 😔 Lack of risk management, including failure to set proper stop-loss orders and take profits at the right moment, can lead to significant setbacks. 💸 Greed and fear of missing out (FOMO) can cloud judgment, causing traders to make impulsive decisions. 🤑🚀 Additionally, neglecting self-analysis and blindly following the trades of others, especially those with large margins and different risk tolerances, can result in losses. 📉 It's essential for beginners to prioritize risk management, practice discipline, and conduct thorough self-assessment to avoid common pitfalls and improve their chances of success in futures trading. 💡📊
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