Have you done your 10,000 hours? Well, maybe that should be less. But have you spent the time learning, doing your "Apprenticeship"? Imagine trying to do some Profession without the training and experience.
Everyone on this planet has an optimal destiny pathway. And you can't really teach or modify or change that. Accountants are Born...to be accountants. Medical doctors were Born to do that. Comedians were Born to do that. Professional athletes were Born to do that. Police Officers were Born to do that. Chefs were Born to do that. Truck delivery drivers were Born to do that. I struggled with math in high school and college to the point I tried anti anxiety depression medication. I definitely wasn't going to be a computer science major designing computer games. That pathway wasn't for me Trading shares similar experiences. Not everyone and anyone can be greatly magical at it. Only a select, very limited, few
The answer to this question in my opinion is quite simple. Most traders fail because they can not click the "Flatten" button. If you have good trading software that gives good statistical analysis like Sierra Charts you will find that your "Average Open Profit on Losing Trades" is quite small. The reverse is also true. "Average Open Loss on Profitable Trades" is also quite small. Gotta Flatten when quickly when your trade does not move your way and also Flatten when your profit is running. Click the "Sell Ask" and you will have the highest profit available in the trade up to that point guaranteed. It is hard to "Flatten" when you have lost 30% of your profit and even harder when you have lost 50%.
Any one who gets to the olympics is a success. To do that takes years of training, dedication, and discipline. Failed traders don't have that.
Did you try walking down the Wall Street? I did. Evenings after 6 pm the place is so desolate and the weather other than during summer adds to the gloominess of the place. On weekends too Wall Street is so isolated.