"Where Traders Go Wrong
Many traders lose money by making impulsive decisions based on short-term price movements (red or green candles). They switch between buying and selling too quickly, even when the price is stuck in a range.
A better approach:
- Focus on long-term trends (higher timeframes)
- Make trading decisions based on these trends
- Avoid getting caught up in short-term price fluctuations (lower timeframes)
This will help you avoid losses and make more informed trades."
Let me know if you'd like me to simplify it further!