Since the establishment of this Stock Gain web, I have found many colleagues who share their experiences in the stock world. From the many sharing that I got, it turns out that there are also many 'former' stock players who are no longer involved in the stock world. When I asked why they stopped, many answered: "Because their capital is running out" aka bankrupt.
Not a few stock players who went bankrupt. And of course I hope that doesn't happen to you. A stock player is said to be bankrupt if the capital used is completely depleted.
I myself have experienced periods of near bankruptcy in the stock market. However, with various lessons and strategies, I was finally able to survive and make a profit to this day. Also read: How to Avoid Bankruptcy in the Stock Market.
Because I have experienced it myself, and many stock players have gone bankrupt in the stock market, there are several reasons why stock players go bankrupt. Some of these reasons you need to consider carefully:
1. Traders don't know what to do
It turns out that many traders have their capital eroded quickly because they don't know how to start and don't know what kind of basic analysis to use to buy and sell stocks. This results in traders ending up trading with reckless and perfunctory decisions. You can guess when making decisions without consideration, the trader will certainly experience losses.
2. Traders don't want to learn and never evaluate
Well, point number 2 is the one I've encountered the most. Traders who lose a little immediately get emotional and want to reverse these losses. Traders who have already made a profit are immediately jumawa. Finally they are trapped in the wrong mindset and psychology.
On the one hand, losing traders are never evaluated. In the end, the same mistakes keep repeating themselves. It's useless if you play stocks if you never evaluate your mistakes. In the stock market there is a saying: "A donkey alone never falls into the same hole".
If you don't want to go broke in the stock market, then you have to keep learning. Do an evaluation of your trading results. Especially when you are in a losing position, evaluate what caused you to lose. Then, how to evaluate trading? Don't miss this post: The Right Way to Evaluate Trading.
3. Too much to follow the suggestions of others
This third cause is not experienced too much. However, there are indeed some traders who go bankrupt because they like to follow 'people say'. The problem is, traders who like to follow without analyzing have the potential to erode their capital, especially if traders buy shares in large quantities.
4. The world of stocks is not a suitable field
This last cause is also often experienced by stock players. When stock players experience losses gradually and after evaluating the results are the same, then this can indicate that traders are not suitable for playing stocks. If it doesn't match, like it or not, traders have to stop playing stocks.
These four things you must learn and understand well. Don't let your capital run out in the stock market. If you know the cause of losses in the stock market, of course you can evaluate trading. Greetings profit....
