Why do you think are the primary reasons that people say most traders fail at trading?
TRADINGFEATURED
"What is not talked about is what it takes to become a consistently profitable trader"
The biggest reason why most traders fail?
One word... Expectations.
It is too often marketed that you can make a lot of money in a short amount of time and it will be as easy as hitting the push-to-start button on the new Lambo you are now able to buy because of how easy it is to trade.
What is not talked about is what it takes to become a consistently profitable trader.
It’s not all sunshine and Lambos, there is a learning process you must go through, especially when it comes to breaking through your limiting beliefs around large wins and large losses.
Trading is much more than just pushing buy and sell, so if you are a new trader. manage your expectations and learn to make incremental progress before trying to risk it all on one trade.
Trading is all about living to trade another day when the market shows you the opportunity and being able to be patient for that opportunity to strike.
Credit: Quora