Why trend traders lose money

A lot of people love chasing the tops and Bottom of a trend
The one to buy it from 1 m timeframe with a 1 pip stop and hold the the trade for month

Although it’s sounds nice but you would end up running your accounts most times, because after losing so many trades in a row in trying to do that, it makes some traders lose confidence

Sniper entry trading is a good skill, but not the most easy one

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Many new traders believe that trading comprises spotting the turning points like tops and bottoms before anyone else does.

They usually aren’t around long enough to show us how “right” they were.

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It sounds great in practice but all the emotional baggage.lol,you have to have the right mindset like scalping ,would you want to do that as a career .There more than one way to skin a cat

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