What keeps you from being consistently profitable?

What is keeping you from being a consistent profitable trader?

  • fear

    Votes: 8 25.0%
  • lack of funds

    Votes: 4 12.5%
  • no written trading plan

    Votes: 9 28.1%
  • lack of knowledge

    Votes: 7 21.9%
  • poor exits

    Votes: 10 31.3%
  • psychological issues

    Votes: 15 46.9%
  • other

    Votes: 8 25.0%

  • Total voters
    32

Trader J

Junior member
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What keeps you from being consistently profitable?
Fear of loosing money? Are you afraid to loose? Fear of failure? Fear of success?
Lack of funds? You (think you) don't have enough trading capital? How much, in your opinion do you need?
No written trading plan. Trading is a business. Do you have a written plan?
Lack of knowledge. What is needed to bring you up to speed? What specific knowledge are you looking for?
Lack of Exits. It is fear that that prevents us from entering a trade, or fear of losing money. However, it is the Exits that really confront us with a profit or loss.
Psychological issues. Trading is about a belief system. Your perception of what is going on. What are the problems related to trading that need to be addressed to make you a consistently profitable trader?
Other: maybe there are other things you would like to discuss?
On the poll you can choose more than 1 option.
If you write a reply, please try to write for yourself (what you need to become a successful trader), not in general (what "one" needs).
 
Last edited:
You require 2 components:

1. An inherently profitable system overall (doesn't have to be complicated - simpler the better - plenty on T2W).
2. Mastery of the psychological and administrative aspects of trading (ie discipline and money management/risk etc).

Without both of these you will fail.
 
Yes, agreed, greed is a major failing. (y)

But I would go one step further .... greed coupled with a lack of basic intelligence.
 
a lack of basic intelligence is not a hindrance to trading, if this form is anything to go by
 
What keeps a lot of people here from being successful is spending too much time on the internet reading cra* posts on t2w or growing hairy palms.
 
a lack of basic intelligence is not a hindrance to trading, if this form is anything to go by

It is not a hindrance to trading but it is a hindrance to trading successfully and consistently profitably.

Betcha, most forum posters on T2W are cereal loosers !!!!!!!!!!
 
What keeps you from being consistently profitable?
Fear of loosing money? Are you afraid to loose? Fear of failure? Fear of success?

Why do so many people insist on spelling 'lose' with two o's.

I lose money, my trousers are loose.

I blame it on the Labour government; they've dumbed down educashun to a ridiculous level.. no spelling, no grammar, no discipline.
 
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