Why 90% of traders burn out?

Discussion in 'Trading' started by fordewind, Jan 18, 2017.

  1. This thought came into mind while i was testing my bots.Even for bots it`s almost impossible to consistently make something meaningful,provided the frequency and costs.And the bots follow the rules to a T.lol...
     
    #41     Jan 18, 2017
  2. The truth is daytraders lose more than swing traders...in general, because daytrading will always be more difficult, but again, most swing traders lose too!
     
    #42     Jan 18, 2017
  3. They do,but have a greater chance.We can bring about a new term."The bot operators".The possible next daytrader breed.
     
    #43     Jan 18, 2017
  4. You`d have to spend more on gyms,shops,spas and trips than you eventually make.
     
    #44     Jan 18, 2017
  5. The bot operators could possibly be the next generation,but the traders still have to trained and got the idea where they may possibly screw.
     
    #45     Jan 18, 2017
  6. For the swingers there are a couple of good signal services,with the track record that work.Not hard to find.Any proved signal service for the daytraders?
     
    #46     Jan 18, 2017
  7. Only my own!;)
     
    #47     Jan 18, 2017
  8. You are in 10%.Congrats!
     
    #48     Jan 18, 2017
    BONECRUSHER likes this.
  9. What do you mean?
    Can you more specific?
     
    #49     Jan 18, 2017
  10. Overnight

    Overnight

    No. Google them to find out, as you asked everyone else here to do. Do your due diligence.

    It references this quote by you, Street Trader...

    And while you are at it, don't forget to take your pills.

     
    #50     Jan 18, 2017
    fordewind likes this.