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According to Survey, Only 8-10% traders are getting success while rest 90% are making losses and why that happens is stated below:
They trade with emotion and not conviction.
They don’t favour to invest enough time and amount for education and mentorship.
Their greed exceeds their need.
They think trading is a game of chance and luck and do not get the proper education to succeed.
They are more emotional than intellectual.
After failing, they want to make up their loss;
Therefore, they may further incur loss.
They Trade with the aim of getting lucky to make money, rather than improving their methods of trading or their way of research!
Success in Trading is 25% Research and 75% Patience and Conviction – Yash Dugar.
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