Bank nifty hourly time frame.
A good triangle pattern formed but broke down like brittle glass just after giving an hourly close above the breakout level. This is a classic study opportunity to understand how breakouts fail. Even a positive close doesn't mean anything unless price action supports it.
PS: One can always go short from the low of hourly candle with...
As per my personal experience the following are the most primary reasons for failure in trading - applicable to all types of new traders and all the markets. Well! this is not an exhaustive list but the most reasonable one.
🚩 No Plan of Action
Trust me on this one, most traders fail to build a plan of action and fail. It is not only true for new traders but...