Yes you did, but you keep encouraging people to use mental, yoga, and relaxation to follow "the plan" as if they already have a viable one. Better to be upfront about the statistical fact that 99% of them will never have a plan that's viable in the retail or prop arena. It takes a certain (rare) type of person to eventually see what most don't. The rest can pray, exercise, float with their legs crossed, and it won't change that reality.
Come on. Don't you think the one percent achieved a high level of self mastery? She has offered a way to do that. Sure not everyone needs to do yoga but a disciplined mind is a must.
It is a must, but discipline is very common, and by itself ineffective to prosper. The proper knowledge and method is what is needed and most won't grasp it.
I appreciate the positive message and your suggestions. To your point about the yoga, meditation and the mental "ying and yang" stuff... I feel like I get what your saying. With poker its a mental battle with yourself along with a battle against the players sitting across from you. Trading appears to be the same. But that's not gunna be the sole reason of success. It's a strategy and plan that I'm trying to develop fully that will make or break me. And according to profitlocker I've got a 1% chance of nailing the one outter here on the river. Lol... good luck me?
I'm optimistic, but realistic. The numbers don't lie, but I don't discourage the long shot. Life is full of trials and errors. I'd rather die a gambler than a quitter.
Honestly, this whole 99% fail, 90% fail numbers being thrown out there seems like its a loose number not backed by research. I've done my own study on this issue and found that its more closer to a 65-75% fail rate. If 99% of all traders fail then the 1% winning is who exactly? Care to elaborate?
The very few who have the ability to see through the curtains of price action and structure a personalized trading model.
I am not sure it is 99% but it is probably anywhere between 90-99%. I heard from a clearing firm employee who stated that a very high number of very active accounts go bust.
I disagree that discipline is common. I do agree that more is needed than discipline alone. Acquiring self mastery helps for the psychological aspects of trading but not the methodology of the trading. Both are needed to succeed.