Why do 90% of people in the trading market lose money?

Because most people do not have a strategy that can make continuous profits, and even if they do, it is difficult to stick to a consistent strategy. For example, when people lose, they will have emotional fluctuations, want to catch up with their capital, and are more willing to take risks to seek profits. The actual result is often to lose more.

In addition, most people who enter the trading market hope to make a quick profit, even if it is a small profit. They like to do short-term and high-frequency trading, but often underestimate the transaction costs (slippage and handling fees). Take a short-term that is not too short as an example. The cycle is a 15-minute trend strategy. The handling fee for one year is almost half of the principal, and the slippage loss is as high as 1.5 times the principal. With such high costs, how can you make a profit?

To break the limitation of transaction costs, at least do hourly cycles. There are very few people who can realize how to make profits and are self-disciplined. It is natural that you see 90% of the losers.

Most people lose not to someone in the market, but to their own desires. Welcome to BN Square #以太坊ETF批准预期 #美国大选如何影响加密产业？ #WazirX黑客事件 #山寨季何时到来？ #币安7周年