All of them can lead to financial losses:

✖️Insufficient understanding of #risks :

Many traders take risks without proper understanding of the potential risks associated with markets, instruments and strategies.

✖️Lack of an adequate risk #management plan:

Failure to establish your own rules for setting stop-losses, determining the percentage of risk from total capital and other aspects of risk management can lead to unpredictable consequences.

✖️Frequent delays in positions:

Some #traders tend to hold losing positions in the hope that the #market will turn in their favor. This can lead to losses that can add up over time.

✖️ Reassessment of the probability of success:

Traders often overestimate their abilities and think that they can constantly lose in transactions.

✖️ Lack of emotional control:

Fear, greed, impatience and panic can provoke a trader to act recklessly.