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Why do losses occur?

I will blame inability of self-control for losses because we can’t control our emotion and mostly overtrade in the prospect of more profit. What’d according to you?
Emotion, over-greed, deficiency of knowledge, not coping up with the market are reasons traders mostly failure in the market.
Losses in Forex occur due to various factors, including market volatility, incorrect analysis, economic events, and unexpected news. Inherent risks exist in trading, and even with careful planning, traders can experience losses. Risk management is crucial to mitigate potential downturns.