I keep trying to figure out what makes trading so hard. It's just a gambling game in a huge casino, but with everything stacked in the player's favor. We can choose: When to play Where to play How much to bet When to increase bet When to enter When to exit Maximum gain Maximum loss Etc, etc, etc. We can use any tools, notes, calculators, teams, basically anything we want. If it was blackjack, to compare, then we could count cards at the table using a handheld computer & vary our bet size whenever we wanted & double down whenever, etc, etc, etc. This trading/gambling game is all set up to make people very rich, but what goes wrong? A lot of very intelligent people do the opposite of getting rich. I was thinking about this a lot today & I think it comes down to the rules/framework of the game. In all the other casino games there is a very clear way to play, very clear rules, outcomes, etc. For instance in blackjack there is only 1 best mathematical way to play each hand. You memorize those ways, combine with card counting, & bet size & some people can rake in the dough. I think what goes wrong with trading is that there are no clear-cut rules, no clear-cut framework. A trader, unlike any other game I know of, has to create his own rules & own framework. That's problem #1. To do that you first have to figure out what you're looking at & figure out how price moves & acts & countless other things. That takes a lot of screen time. Someone new to trading or who hasn't stared at the screen or the numbers for a long, long time isn't going to have a clue. That's problem #2 for a beginner. After you acquire enough experience then you have to create your own framework & rules based on what you have witnessed. I don't think most people ever get far enough that they know their market well enough to create these trading rules. For example a double bottom forms in your market. What do you do? Buy when swing high is taken out, buy early, wait for a retrace & then buy, don't buy at all depending on where it forms, look for a short because you think it'll be a bull trap. You have to have all of this planned out ahead of time. Who actually does that? Anyway I think that is some of what makes trading so hard. I don't think it's discipline & patience & the things you hear over & over. Sure those are important, but if you have a well laid-out plan & you have confidence that it'll make you rich then patience & discipline come a lot easier. Anyway I wrote this mostly for my own benefit to get some thoughts out of my head. I would guess that very few traders have what I mentioned above. I would be one of them actually. Going to start working on that right now.