Your going to be losing some and making some, if you are not sure about making that profit you dream about currently, you can at least try and negate some losses with proper risk management, that, in and off itself is profit for you early on.
Focus on education, and knowledge first. Once you get the theoretical hang of it, go about trying your strats on a demo and see if they work out. If they do start trading small till u get a practical taste of things and after a long while probably, you will be experienced enough to try some...
Bad reviews are one thing. If you wanna make sure, just deposit the smallest amount possible and if you face problems during withdrawals, you got yourself a scam.
Consistency, discipline, knowledge in their own branches of strategies, immense experience accumulated throughout many years of trading, and always backtesting before going live. Balance in all things.
Knowledge and experience are the main reasons for sure. You can get 1;3000 leverage so I wouldn't agree with capital being the reason. And most other reasons are caused by the lack of the two previously mentioned factors.
Obviously, there is a gap in experience here. Not to mention how much more educated an experienced trader is in comparison. Use of various risk management strategies, like at the very least setting an LS or TP. Controlling one's emotions is another area of discussion that weighs heavily in the...
I like that. Recently I was reading a book about "critical thinking". One of the subjects it said a lot was "looking and thinking about things from different angels and POVs". The same thing you just said, and I think that is wise.
Thank you.