To start I will tell you the following, I have no experience in this subject but I have some knowledge that I have been accumulating with the time I have been studying the cryptomonedas, in my beginnings when I enter the world of active crypto, I started very enthusiastic about this subject of Trading, Simply because it seemed like a simple way to make money, shortly after I realized that it was not as easy as they presented it to me. It's like life, not everything is the color of roses. For that reason I can tell you that in most cases this happens because the operator of the transactions are more focused on the end result of making money than in the process of making money; the most important part of trading is the psychological, to make trading your work you must prepare for it as an athlete prepares training, you must temper your emotions and not prevent certain losses, which are unavoidable, make you act in an irrational.
Trading is more a long-term activity, precisely the technical analysis gained strength when traders saw that the only way to make money consistently was with this and not with the fundamental analysis. You must focus on the long term, perform operations that do not pose a high risk to the capital you have to operate, and for this, you must give time to time. People are quickly frustrated to see that the dream they had of becoming millionaires by pressing a buy or sell button vanishes.
The most obvious reason why I think most people lose money in trading is the psychological perspective with which they face trading: when they have losing positions, instead of putting a consistent stop loss and accepting that it has not been a good operation, and if they have the proper training at the end of the year the good operations will be more numbers than the bad, they wait for their action to improve, which most of the time will generate even more losses for their opposition to admitting that they have made a mistake, and on the other hand, when they succeed in their operation, close it immediately to collect the profits, that is: instead of immediately closing the operation in losses, they close the operation with profits, which prevents more potential gains, and instead from waiting to close the position in profits to collect more value from the operation, they wait in their losing position.
One recommendation I could make is that it is necessary to understand that at the beginning it is common to lose money, this is part of the learning process in this area. I can tell you that the greatest enemy of a trader is the same, many times the trader knows what to do, but is not prepared psychologically to do it.
