What's the Biggest Reason Why Traders Fail?

Discussion in 'Trading' started by schizo, Jan 21, 2024.

Why do so many traders fail?

Poll closed Feb 20, 2024.
  1. Being undercapitalized

    13 vote(s)
    26.5%
  2. Not having a trading plan

    15 vote(s)
    30.6%
  3. Lack of discipline (eg. too emotional and not following a trading plan)

    20 vote(s)
    40.8%
  4. Lack of knowledge or experience (eg. either too dumb or too arrogant)

    15 vote(s)
    30.6%
  5. Lack of focus (eg. jack of all trades, master of none)

    11 vote(s)
    22.4%
  6. Poor money- and risk-management (eg. taking on too much risk)

    26 vote(s)
    53.1%
  7. Impatience (eg. always getting in and out too soon)

    13 vote(s)
    26.5%
  8. Overconfidence (eg. IT'S DIFFERENT THIS TIME!!!)

    16 vote(s)
    32.7%
  9. Being emotionally tied to the stocks

    8 vote(s)
    16.3%
  10. Being emotionally tied to the market direction (eg. alway bullish)

    8 vote(s)
    16.3%
Multiple votes are allowed.
  1. Hello Overnight,

    SMH, SMH, SMH, SMH, SMH, SMH, SMH, SMH, SMH , SMH, SMH, SMH.............you need me to type SMH again for you?

    Now what you going do tuff guy?

    SMH SMH, now what you going do about it?
     
    #131     Feb 11, 2024
  2. Overnight

    Overnight

    Magna. Please ban SML. He is a horrible trader who thinks that anyone and everyone is a shitty trader unless they trade hundreds of futures contracts, Blah.
     
    #132     Feb 11, 2024
  3. Magna. Please ban Overnight, He is a horrible trader who thinks that anyone and everyone that does not do what he says and thinks like him and agrees with him should be ban, Blah.
     
    #133     Feb 11, 2024
  4. Overnight

    Overnight

    Don't even go there. You are out of your element.

     
    #134     Feb 11, 2024
  5. This my last time replying to you Overnight. You on some bullshiting and bored.
     
    #135     Feb 11, 2024
  6. Overnight

    Overnight

    #136     Feb 12, 2024
    p0box4 likes this.
  7. Whats interesting to me is the ratio of posts to likes on that first page.

    Gnome had +10,000 posts with 14 likes.The rest werent much better.
     
    #137     Feb 18, 2024