For the self-trader it is tough to make money, yet when they see those who inhabit Wall Street making millions it is tough to reconcile why they are successful and you are not. So, here are some reasons why Wall Street traders (WST) win and the Average Joe trader (AJT) loses (or does not do as well) even if he is has a large account: 1) WST has access to the best, cheapest and fastest technology platform and execution; AJT uses either a retail broker like Ameritrade or a somewhat advanced platform like IB. 2) WST receives data from vendors like Bloomberg and analyst research that can cost tens of thousands of dollars; AJT is limited to Yahoo Finance and StockTwits. 3) WST enjoys a comfortable salary and benefits; AJT is not paid while trading. 4) WST risks his firm's capital while learning to trade; AJT risks his own capital while learning to trade. 5) WST risk-reward is skewed to the upside: if successful he can earn millions; if unsuccessful he is fired, but can usually land a respectable job elsewhere; AJT risk-reward is either evenly-split or to the downside: if successful he can earn potentially millions (though more likely in the thousands), but if unsuccessful his life savings are wiped out and no one hires an unsuccessful amateur. Thoughts?