Trading

10 Reasons For Your Loss In Intraday Trading


“When a beginner wins he feels brilliant and invincible Then he takes the wild risk and loses everything.”
― Alexander Elder, Trading For A Living

  1. The first problem is uncontrolled emotions. You don’t have emotional discipline and because of that, you get caught in a vicious cycle of greed and fear.
  2. Your position sizing is large. You’re risking the money that you can’t afford to lose. It creates stress and because of that, you make silly mistakes while trading.
  3. You’re not willing to learn from the mistakes. You’re repeatedly making the same mistakes.
  4. You take a trade on hope without any knowledge of technical analysis.
  5. Overtrading and revenge trading are the greatest sins of intraday trading but you’re committing that again and again over again.
  6. You treat trading as a get-rich-quick scheme, not as a business.
  7. You try to cover all of your losses in a single day and because of that, you lose more money.
  8. You don’t have any understanding of trading psychology. You treat trading as a simple mathematical calculation.
  9. You don’t close losing trades in hope that the market will reverse in your favor.
  10. You don’t have control over your actions. You act randomly buying and selling stocks as per your feeling.

Suggestive Reading: Trading for a Living: Psychology, Trading Tactics, Money Management By Alexander Elder


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