Trader's enemies:
1. Psychological factors:
Greed: The pursuit of big profits quickly can lead to ill-considered decisions.
Fear: The fear of loss can lead to making hasty decisions or missing good opportunities.
Overconfidence: Believing that you can't make mistakes can lead to big losses.
2. Poor risk management:
Entering large trades without a clear plan.
Neglecting the use of tools such as stop loss.
Excessive use of leverage.
3. Lack of knowledge and experience:
Not understanding the market or the financial instruments used.
Ignoring technical and fundamental analysis.
Relying on luck instead of planning and strategy.
4. The market itself:
Strong fluctuations: can lead to big losses quickly.
Sudden news: such as geopolitical or economic events that affect the market unexpectedly.
Low liquidity: makes entering and exiting trades more difficult.
5. Time and timing:
Trading at inappropriate times or in markets that don't suit your strategy.
Impatience and not waiting for the right opportunity.
6. Technology:
Reliance on weak or slow platforms.
Internet connection problems or technical errors during trading.
