Why do traders fail?

Discussion in 'Trading' started by Tradester123, Sep 10, 2013.

  1. Now ? which one would you say is really extremely easy to get?
    that any idiot in trading could get after a bit of experience ?
    This is yearly target.
     
    #211     Mar 31, 2014
  2. cornix

    cornix

    I believe because they don't have an edge.
     
    #212     Mar 31, 2014
  3. cornix

    cornix

    I would say for "any idiot" even breaking even after commissions would be a success and not easy in the first years. Maybe it's just me being dumber than idiots of course. :D
     
    #213     Mar 31, 2014
  4. euhhh sorry.
    I mean if the person does not make mistakes after mistake,
    the number where you'd say yes making

    0.1? 1? 10? 100 ? 1000? 10k? 100k? 1m? 10m? 100m?
    really is super easy to get.
    This is just an exercise.
     
    #214     Mar 31, 2014
  5. cornix

    cornix

    Even without mistakes, there's a skill to acquire first... so your question is actually very difficult to answer and is very individual. Every successful trader would probably answer it differently and for struggling traders breaking even after commissions is already great result IMO.
     
    #215     Mar 31, 2014
  6. dbphoenix

    dbphoenix

    I agree.

    Deaf.
     
    #216     Mar 31, 2014
  7. In your case, would you say that 0.1$ profit targets would be easy to get or difficult to get?
     
    #217     Mar 31, 2014
  8. With all due respects, dbphoenix, what I have learned in trading is to keep an open mind.
    Now on top of deaf, you can add ....
     
    #218     Mar 31, 2014
  9. cornix

    cornix

    From my current point of view I'd say 10 ticks a year in any futures contract I trade is probably an easy target. :)
     
    #219     Mar 31, 2014
  10. funny to help a psychologist with his trading. never mind.

    10 ticks are easiest to get for which instrument?
    The instrument where it is the most easy.
     
    #220     Mar 31, 2014