Why 95% Traders fail?

There are only two option to trade long or short means there are 50/50 chances of win and loss and there must be 50% winners but 95% traders loses why? Why? Why?

First of all you must know that its not your strategy that given you losses but its your mind set which gives you losses. If you follow your strategy 100% and trading plan money management you will never lose.

Traders always close their profits too early or close it too late and let the losses to grow and hold the losses for very long time. They lose 1000 usdt in order to save 50usdt

One of the main reason is trading psychology most traders are filled with emotions and when emotions comes in human mind can't think clearly and emotions eventually overcome the logic and thinking

Second biggest reason is that whales. Whales and exchanges are the market mover they have huge funds and move the market. They always hunt for liquidity. They always create liquidity pool and trap the retail traders and grab liquidity

You can be in 5% winners. If you just follow the money management discipline, and focus on trading psychology $BTC #BTC/Update #BTC2024 #cryptochartcraft