A lot of new traders always have this mindset because they feel trading market is a safe heaven where we can make quick money or where they can flip a $10 into millions. But the reality isn’t that way so that hasty mindset and overconfidence in them lead them into making weak risk management and they just made decisions without weighing the market moves at all just see trends and boom they place an entry without experience or knowing if the movement are traps or strong movement’s.
Tons of social media post and influencers deceive the people that how does the trading was. Base on their post its just basically predicting the market instantly you can get a huge amount profit but if you really deep dive into it is there is a lot of thing you need to consider. Knowledge in the aspect of market structure, technical analysis, indicators, current market trend, and even news. So if you think people in trading just earned a lot without hard work thats not in reality is. Tons of liquidation and sleepless nights happens.
That right this influencers posts and videos can instantly deceive so many people that trading is a place to make millions without much effort but the reality hits the negative way. Traders faces drawbacks in their trading journey, they faces a lot of emotional hurdles, they face manipulations and market volatility and it just only few that accept all this pains and keep pushing forward because the mindset is set right and the determination but many just fall back during the journey. so as a new trader let not get tempted by others success and think we can reach there in short period of time, There a lot needed to make it out in trading profitably.
