It seems to me that the most important problem of traders is gambling.
And it feels especially acute when you lose money or see some particularly "favorable" situation in the market. This is a big problem.
Well, much more depends on the chosen strategy and on the trader's preparation for trading. It's always easy enough to act here, but to see a great result.
The main thing is not to forget to practice and draw conclusions about your work objectively.
I think for taking viable decision one should be mentally and emotionally stable. Hard decision often leads to mental pressure and right test of your knowledge and experience are during difficult times.
A micro account is a common type of account that allows investors to access the forex market. Forex micro lots are equivalent to 1,000 units of the base currency. Essentially, a standard account lot is equal to ten mini account lots which is equal to ten micro account lots.