(Why) do most traders lose?

Discussion in 'Psychology' started by kiwi_trader, Jul 25, 2006.

Why do traders lose?

  1. Undercapitalized

    23 vote(s)
  2. Trading Strategy: Entry

    20 vote(s)
  3. Trading Strategy: Exit

    26 vote(s)
  4. Psychology/Discipline

    137 vote(s)
  5. Money Management

    65 vote(s)
  1. There's only one reason sober people crash cars - they are bad drivers. And there's only one reason people crash on the markets - they are bad traders. There's a million ways to crash, but the same outcome. The more important question is what's the remedy?
    #121     Aug 15, 2006
  2. Holmes


    #122     Aug 15, 2006
  3. that´s not true bro. Lots of people crash because someone else is a bad driver. {think about it, bad drivers have to crash against someone... and they usually dont wait to find another bad driver}
    There´s a ton of different outcomes from crashing your car... from fixing a dent in your bumper, to taking a free ride to the morgue... or life in prision for killin innocent pedestrians... however, most of them do suck if you think about it.
    #123     Aug 16, 2006