How many ways to lose?

E

easyrider

Why do most traders lose? Simple. It is incredibly easy to lose money. As far as I can figure it there is only one way to make money:

1. You must make a correct call as to market direction then get out with a profit.

As to the ways you can lose money:

1. Commission
2. Give up the spread.
3. Slippage
4. Make a correct call but get stopped out before it goes your way.
5. Make the wrong call as to market direction.
6. Execution error

Please feel free to add to the lists as Im sure im overlooking a few.
 
2 = 3.

All in all it is panic and greedy. Day dream that you have the odd totally favor (or against) you.

Quote from easyrider:


2. Give up the spread.
3. Slippage


Please feel free to add to the lists as Im sure im overlooking a few. [/B]
More...
 
Just always remember "they" are out to get you.
"They" know when you enter, "they" know where's your stop and "they" will make you lose every time.
If you have a winning trade, it's because "they" want to make you feel comfortable.
But make no mistake, "they" are out to get you, always and forever.

Enjoy your trading :)

TM Trader
 
Quote from TMTrader:

Just always remember "they" are out to get you.
"They" know when you enter, "they" know where's your stop and "they" will make you lose every time.
If you have a winning trade, it's because "they" want to make you feel comfortable.
But make no mistake, "they" are out to get you, always and forever.

Enjoy your trading :)

TM Trader
More...

Sounds so dark.

A good conspiracy is unprovable. I mean, if you can prove it, it means they screwed up somewhere along the line.
---Jerry Fletcher, movie Conspiracy Theory
 
For me, number one is it...Commissions.

I know of several methods that would make good money if weren't for um being so much.

(Make a tick=$7.70...Lose a tick =$17.30) :mad:


(trading 1 ES with $4.80 r/t)
 
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