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Trading is so contrary to human nature that 90 of people who start trading will not apply professional rules even if they know them! Chances are that a beginner trader will unoccupied their trading account very quick even if they have a winning strategy (the very alike one a pro uses to get always amazing profits). Your emotions make you risk it all to get even. Neither trading nor gambling are zero sum games, meaning the more you play or trade the more the odds will Cavour the House or Market. In Roulette you have the number zero not only Black or Red (so in reality you do not have a fifty fifty chance to win) and in trading you have the spread or the brokers fees to make up for before making any profit. The difference between the two is that gambling is based on immaculate luck whereas trading has the economy after it and at times market movements are very predictable! Usually the upward movement of markets is sluggish and gradual while downward movements can be sudden and aggressive. Markets are very speedy to crash while everlasting a lot slower to rise as a rule of thumb. This shows once again the importance of experience, you must know the nature of the beast to struggle it. When we begin losing on a trade we tend to hope the market will reverse and we come out even so we move that protective terminate loss. Even professional traders are tempted to do it but they know better On the other hand, we tend to stop a winning trade too quickly to lock in the profit. It is a market trading axiom as used as the hills: Cut your losers brief and let your winners run! You do face risk every time you put a trade through but there are ways to minimize risk. However for me as a trader it was particularly interesting to realism that their main combat principle was the identical as the ultimate key to win in trading:We only fight when the odds are in our Cavour. Trading is so contrary to human nature that 90 of people. Is a tricky one. Here I only want to name a few but there are loads of other little factors as well. Arbitrary changes in market sentiment(sometimes the market falls or rises in spite of expectations, e.g. after a very sure segment of news comes out buyers enter lengthy positions (buy) fair to be massacred by the smart money or big investors like hedge funds who wish to receive benefit at those price levels). Know When to trade and When to stay away Professional traders have a discipline to stay out of volatile markets! They are scholarly in the game. Money can only be made in TRENDING MARKETS. The insignificant bird gets thrown out of the nest to see that it can fly. Once you make a scanty calls you will be adept in using the telephone itself. Donate it time and begin with a Demo Account, Paper Trading Account or Micro Account (some brokerages let you trade for pennies per point instead of pounds so that the money you make or defeat is authentic money but it wont damage you that much in case you beginning lose). Even the superior traders defeat on lots of trades but they manage the trades with precision and are very profitable overall.