The biggest reason why traders lose money is because they do the opposite of what they should do. The reason why 90% of traders lose money is because they don’t understand trading psychology. The biggest mistakes traders make is being fearful when they should be hopeful, and being hopeful when they should be fearful. And that’s why traders fail. Most retail traders lose money because their emotions cause them to make mistakes. If you want to know how to make money in the stock market, and how to make money with options, you have to understand trading psychology and learn how to eliminate your emotions, keep your winners longer, and cut your losses sooner.