...I have self taught myself technical analysis, fundamental analysis and price action. I have read hundreds of books on the subject. And over the years of trading NONE of them have been even close to profitable...
Although you're most likely a one post wonder...
There's a strong possibility your self taught was wrong considering you mention nothing about backtesting, nothing about simulator testing and nothing about trading with someone in person so that the person can give you an unbias opinion about your trading habits and the environment you're trading in at home...assuming you're a retail trader.
You'll be surprise about how many people do poor preparation before trading because they didn't do any of the above.
Its one of the main reasons why I believe we as retail traders need to pass some kind'uv a trading exam prior to opening a trading account just like professional traders are require to have the proper license (pass the series) prior to being hired by a financial institution just like a lawyer is required to pass the "bar exam" prior to being allowed to practice law.
I say the above because a 90% failure rate is just too high in my opinion. The above recommendation help eliminate those not suitable for trading prior to them putting on a single trade and it'll encourage those that want to be a trader to be "more" prepared because the markets are tough and it does an excellent job in weeding out the weak traders...traders that don't know what they are doing while thinking they only needed to read books.
Simply, if your learning involved only reading books or forum messages...odds are very high you're going to be one of those 90% that failed...you did exactly such. I'm not saying don't read books. In contrast, I'm saying you must not make your learning as self taught be through books only without the proper support system that any other professional has.
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