95% of traders...

Discussion in 'Psychology' started by hkrahra, Feb 2, 2012.

  1. hkrahra


    ...like to fade moves.Am i correct with the approx numbers?In other words,''they are 95% who fade moves''.
  2. 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.
  3. hkrahra


    But i believe that there is a statistic out there,that the vast majority of failurs are indeed faders and catchers.
  4. +++

    Totally agree. Another reason is focusing on how much money they can make, rather than minimizing how much they may lose on any given trade.