You can compare forex with a sea so you shouldn’t involve yourself with trading without knowledge. And you should also know that wrong way of trading will sink you down the sea.
you can start with the psychology of school of this forum, this education section is really supportive fore the traders who are particularly beginners.
Loss occurs due to the deficiency of knowledge and traders don’t actually want to enhance their trading knowledge. They feel knowledge earning is a burden.
There is no way to come out of losses entirely. Traders lose out of their excitement, wrong decision taking aptitude and having no sufficient knowledge. I think these are three core reasons traders mostly lose money in the market for.
It’s simple losses occur due to wrong decision making and having not sufficient trading knowledge. So, we have to focus on expanding trading knowledge as much as possible.
We are not careful and so losses occur. We don’t have sufficient trading knowledge and so we can’t make better trading decision that also lead to losses.