Registered: Dec 2011
02-02-12 05:47 AM
Quote from slumdog:
Hard to say what the numbers are, catching knives is a common failing, but so is getting on board too late after a news event only to see things reverse.
But the biggest reason why traders fail is supposedly bad exits, not always bad entries, wether they are trend following or fading, traders dont cut every loss with the discipline that is required.
But i believe that there is a statistic out there,that the vast majority of failurs are indeed faders and catchers.