Traders are generally divided into two categories. One, which makes money trading, and the second, which does not make money. The second kept wondering why.
Why am I not making a profit? Why am I losing money? Why didn't the strategy work? Is it because of a system failure? What can I do to change bad luck? And so on and so on.
The answers are many because there are many possible reasons why trading does not bring the expected profit. One of the reasons we want to cover in this article, and will be the type of trader you are.
Now, let's review 4 different types of traders you may encounter when trading on Quotex.
Some people think trading is the best way to make money fast. Then they join platforms like Quotex that know nothing about trading. They just wanted to create a true story about how to quickly turn $10 into a hundred.
They may want to try the free Quotex demo account first. After a few successful transactions, they will feel confident enough to move to a real account.
And here the problems started. Trading is not just depositing money, clicking green or red buttons, and ending up with a high profit.