Why do traders fail?

GC

Appreciate the help.

 

GC 10 ticks for the year is probably easy.

Now GC 3 ticks in a year : probably easy, easy, super easy , or any "idiot" ( in a good way) could do it after a bit of trading experience?

 

Ironically it doesn't seem like there's a big difference between 3 and 10... 100 as well. either you have a skill for that or you don't. In the second case chances are you lose. Total amount is of less importance.

Consistent profits or consistent losses are two the most important concepts.

 

OK you are showing psychological resistance.

GC 3 ticks in a year : probably easy ? easy? super easy? any "idiot" ( in a good way) could do it after some experience? which one.

 

If break even is good for 1 year of trading, then 10 ticks above that is easy?

 

I can't think of a better illustration of why traders fail than this exchange.

 

No resistance. Just think 3 and 10 are about within the boundaries of randomness.

 

dbphoenix : open mindedness please.

 

GC 3 ticks in a year : probably easy ? easy? super easy? any "idiot" ( in a good way) could do it after some experience? which one.

 

I wasn't referring to myself saying break-even is good. It would certainly be good for myself 9 years ago though...