FollowMyTrades

If you sign up to any CFD provider you will see disclaimers such as ’75% of traders lose money trading CFD’s on this platform’. That’s a lot! But why does it happen? There are a number of factors which I’ll cover below. 𝟭) 𝗦𝗵𝗼𝗿𝘁𝗶𝗻𝗴 '𝘁𝗼𝗽𝘀' 𝗮𝗻𝗱 𝗯𝘂𝘆𝗶𝗻𝗴 '𝗯𝗼𝘁𝘁𝗼𝗺𝘀'. Retail traders tend to do the opposite of the market. You’ve probably heard the term ‘The trend is your friend’. Well, believe it or not retail traders inherently try to pick tops and bottoms of markets as ‘it’