Article The Top Reasons for Trading Failure

spunkyblonde

Member
84 0
yes ..the disipline is a absolute must .have ..in regards to tradeing .. it seems a lot of learning books delve more in the t/a side of tradeing. rather than the self disipline .........not much good tradeing without that .maybe . bit of a waste of time without it..
 

SOCRATES

Veteren member
4,966 134
tradenow said:
I guess that at least 50% of wannabe-traders would do better with having a normal day-job and having their account managed.
No it has got to be much higher then that, at least in the high 80's and low 90's.
 

Salty Gibbon

Experienced member
1,535 6
yes ..the disipline is a absolute must .have ..in regards to tradeing .. it seems a lot of learning books delve more in the t/a side of tradeing. rather than the self disipline .........not much good tradeing without that .maybe . bit of a waste of time without it..
Agreed.

To that end I use the Trading Mind software to keep me on track w.r.t. discipline, focus, eliminating bad trading habits etc etc.

I also don't bother overly much with books either unless it's a good Bernard Cornwell novel of course.
 

frugi

1
1,827 125
Yes Soc, though I'd put the latter "having their account managed" part closer to 0% unless they're particularly keen to harbour ineffectual parasites*!

*before anyone bleats, yes of course there are exceptions.
 

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