"You offen think" why does your stop loss get hit ?this issue is too big don't take it easy because getting stoploss hit all the time will make you poor and make you sick ,we traders when we enter to any trade we have one common thought in our mind that this time our tps /take Profit targets will be successful but that not happens .following are the issues that why we lose everytime or mostly
Trading without making analysis
Yes it is one of the most important issues that you don't analyse the market ,many traders take tardes without knowing that where the trend is going .
You don't know where are the demand and supply zones
You don't know at what chart frame time you should trade or enter in trade, TF plays main rule while taking a trade ,big time frames like 1 hour 4 hour 1 day take days or weeks to get complete the trade often people enter in the trade on high time frames and wait for hours which is blunder because high time frames need high stoploss fixing and it higher time frame trades sweeps the accounts of Low budget traders in minutes so ne careful while trading and chosing your time frames ,all I wanyto say here is that for higher time frames you should plenty of money in your accounts and low budget accounts should try thier trades at low time frames like 15 and 30 TF.
You are trading on signals , don't trade it will sweep your accounts first learn some thing about spot and future trading for that you can download some trading books from Google in pdf format and than print them or find out on YouTube there are several experts who can guide you like @rajatrader is most famous and expert trader ,watching his videos will train you .
Never do candle pattern trading it is totally fake
Learn sabout support zone , resistance zone and market structure and trends
You should have stretegy ,like whether you want to trade on swing trading strategy or chart pattern stretegy, zones breakout stretegy or some thing easle . If you ask from what is my favorite stretegy than I suggest zone breakouts .it is the most old and trusted stretegy .
Use one fifth of your whole budget
Never do over trading ,it will destroy your wallet
Be careful will chosing leverage! Suggested leverage is minimum 5% and minimum 10%
Never forget to fix stoploss
Take only one trade whether you lose or win it's ok next day will be better 😊
Chose best currency/coin
Don't trade on mobile phones use laptop or PC
Use trending view for analysis
For analysis first start for 1D candle mark the zones then change it 1 TF and mark the zones for entry chose 30 MN TF or 15 TF .
Don't be too gready 1/2 or 1/3 profits or good 😊 eventually you will see your wallet is growing 💗