➫ We will give you more than one reason why new traders fall into the risky assets market.
There are three articles on this same topic
Consider this number one ☝
First. Lack of education and understanding, meaning:
❶ Not knowing the basics of #التداول
Many new traders enter the Forex market without a deep understanding of the basics of the market.
Some people believe that trading in Forex is simple and straightforward, but this misconception leads to making uncalculated decisions that lead to huge losses.
❷ Ignore #technical_and-fundamental_analysis
Trading in the #الفوركس market relies heavily on technical and fundamental analysis.
Ignoring the importance of analysis can lead to ill-informed decisions and consequently financial losses.
❸. Relying on rumours:
Some traders are influenced by rumors and unreliable information that spread quickly on the Internet, which leads them to make wrong decisions.
❹. Greed for quick profit:
It is entering into a deal or currency in which he saw a significant rise and heard promotional news about it, which leads to making a wrong entry decision that causes him losses due to buying it in high areas and the currency falling.
(It comes after a significant rise and is a natural thing in what is called profit-taking)
Wait for the next one. There are other reasons that I will share with you in the upcoming articles
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