Why Most Traders Fail - and How You Can Be Part of the 10% That Succeed: The exact percentage of traders that fail is difficult to accurately calculate. But the general consensus is that somewhere around 90% consistently lose money - and this might even be a conservative figure. Some believe it to be as high as 95-99%. This is often a shocking statistic for beginners to hear - and it typically turns them off to giving trading a real shot. They assume they have virtually no chance at … [Read more...]
Why is Day Trading So Hard – The Realities of Day Trading
Why is Day Trading So Hard and What Can You Do to Be Successful at it? If you're asking yourself why day trading is so hard, it's actually a really good sign - believe it or not - because it means that you're past the point of thinking that it's an easy cash-grab. So you're in a position to actually overcome the hurdles to success. Far too many new traders dive into the markets under the assumption that day trading is easy - and it rarely, if ever, ends well for these individuals. … [Read more...]
Hey Traders, Do You Like Emotional and Financial Torture?
If the Answer is No, Then Stop Trading With an Ineffective Mindset: For the majority of traders, the entire process quickly becomes excruciatingly painful - both emotionally and financially. What starts out as a fun and exciting way to "get-rich-quick" rapidly turns into a nightmare. There might have been a streak of beginner's luck where you stacked up some random wins, but that luck has run out. Your account is basically blown up. And now you have no idea how to get back the money you've … [Read more...]
