New traders sell at the worst time mostly because they don't have a proper plan about when to enter or exit from the trades. And all this happens due to lack of knowledge of the forex market.
Stock trading basically deals with buying and selling of shares of a particular company whereas forex trading refers to buying and selling of international currencies.
When trading Forex, managing your money is essential to your long-term success. It is very important to practice risk and money management to sustain in the market and to be successful in forex trading.
In order to be good at trading, traders should have an optimistic attitude toward mistakes and should learn from their past trading experiences. The more you trade, the more you understand the market and hence, get better with time.