Sounds encouraging, but the market defeats 50% of the people every single day. It defeats at least 80% of all traders every year. You can and WILL be defeated by better traders, and no matter what, there will always be better traders. Sure you can become a "better trader" but it is a constantly evolving process which is always under construction.
The market (other traders) cannot defeat anyone. It is you, the trader that causes your own account to be wiped out.
I take objection to this statement. It is obvious the futures markets are designed to run as many stops as possible and hurt as many of the little guys (inexperienced with small grubstakes) inclusive. If it wasn't like this, all of my trades would be winners....
It is the trader who place their stops in the wrong areas with a position size on that is too large. The market does not place the stops.
Being wiped out is one thing. Being a trader that gets returns less than the overall market is another. IMO both are losers but to different degrees.