Traders lose because of their imagination and hope that it is disguised in the form of hope. Non-experienced traders can make very good guesses on directions at times, however they just choose not to place specific trading targets for their trading. If they do, they also remove them because of rapid moves in their favor. Now the interesting part starts: they start to imagine levels that they would like the market to move towards.  That never happens unless the market is in a strong trending move.

Why does this process occur?

Simple: traders hope to gain as much as they possibly can. Therefore, they get the “if” scenario wandering off with their thoughts. They want to max out on a move almost wishing to take the max point.

The thought that one trade could cover the losses of another trade is also preventing traders from setting realistic goals for price targets.