Why 95% of traders keeps losing?

<p id="isPasted">Intraday trading is the most popular, but data suggests that most intraday traders lose money. A 70 percent last no longer than the first year, and 95 percent stop trading by the third year.&nbsp;</p><p>The most common cause of trading failure is a lack of discipline. Most traders trade without an adequate strategic approach to the marketplace. Successful trading depends on three practices. First, investors need a guide/mentor/course to help or guide them through everyday trading.</p><p>Secondly, never forget to stop losing. Don’t enter a trade without placing a stop loss. It will help you to keep losses at a manageable level.</p><p>And thirdly, you should have a focus. And in intraday, it is to protect your capital and minimize losses. Without discipline, your chances to become a successful day trader are slim.</p>

<p>New traders always think about profits when entering the market, so when their trades cover a losing trade, they start trading to get revenge. With revenge in mind, they take trades against their setups and lose the trade again.</p>

<p id="isPasted">Yes 95% of traders lose money and only a few traders get successful because of the following reasons</p><ol style="list-style-type: decimal;margin-left:50px;"><li>trader must follow the rules of trading and control his emotions while trading if he became greedy and hold his position in stock then he may lose his earned profit also,</li><li>some traders take revenge trade which is the main reason for losing money in share market some traders are greed and they lose money in first trade then they try to recover the loss of that trade and take wrong order without technical analysis.</li><li>traders need a good, focused mindset and a good environment while trading if the trader is mentally stressed then he can’t focus on charts and lose money</li><li>trader should know about chart patterns and strategies of trading then he can earn money otherwise no one can understand the market.</li><li>the true trader never trades without a stop loss true trader always keeps his stop-loss to keep his capital safe if his stop-loss hits, he searches for another stock for trading but never trades without a stop-loss.</li><li>trader always takes fewer trades to reduce his brokerage charges.</li></ol><p>these are the few points where traders make mistakes and only a few traders get profit remaining are get loss in trading.</p>

<p id="isPasted">There are many reasons why a high percentage of traders may struggle to make consistent profits in the financial markets, but some of the common factors include:</p><ol><li>Lack of proper education and training: Many traders jump into the markets without a solid understanding of the fundamentals of trading and investing. They may not have a good understanding of risk management, technical analysis, or how to interpret financial news and data.</li><li>Emotions: Trading can be a highly emotional activity, and many traders let their emotions get in the way of making rational decisions. They may become too attached to a particular trade or investment, or they may panic when they see the market moving against them.</li><li>Overtrading: Some traders may trade too frequently, trying to capture every potential opportunity, which can lead to poor decision-making and excessive fees and commissions.</li><li>Lack of discipline: Successful trading requires discipline, including the ability to stick to a trading plan, manage risk effectively, and avoid impulsive decisions.</li><li>Market unpredictability: While traders can use various analytical tools and strategies to identify potential trades, market behavior can be unpredictable, and even the most experienced traders can experience losses.</li></ol><p><br></p><p>It's important to note that trading and investing can be challenging, and it requires a lot of hard work, discipline, and dedication to succeed. Even the most experienced traders experience losses at times, and it's crucial to learn from mistakes and continually improve your skills and strategies.</p>

<p id="isPasted">The most genuine answer firstly is, they say the screenshots of the people who don't even trade just show them the screenshot of lakhs by editing. And it breaks the confidence of new traders who are in the first stage of trading. And under pressure, they take random trades, I would say just stick to your plans.</p><p>It's very much difficult to avoid this I know, but for reaching a place there is a particular habit or particular method or particular path, you need to follow for reaching early and with the minimum damage to you. And for trading one among them is this.</p>