The real reasons of failure

doublef · Nov 21, 2009

I just found the real reasons for failure in trading.

At least, I think they are the real reasons. I am pretty sure they are the reasons.

hoodooman · Nov 21, 2009

Here is the main reason for failure.

Ignorance.

doublef · Nov 21, 2009

Quote from hoodooman:

Here is the main reason for failure.

Ignorance.

No.

give you evidence: some ignorant traders make good money, find them on ET.

doublef · Nov 22, 2009

There are three reasons for a trader's failure.

The first reason is an independent one, the second and third reasons are two variations of the same major reason.

Pension_Admin · Nov 22, 2009

Quote from doublef:

There are three reasons for a trader's failure.

The first reason is an independent one, the second and third reasons are two variations of the same major reason.

Thanks!

duhmentor · Nov 22, 2009

Quote from doublef:

I just found the real reasons for failure in trading.

At least, I think they are the real reasons. I am pretty sure they are the reasons.

You have probably just found some of the many reasons for not succeeding.

doublef · Nov 22, 2009

Quote from duhmentor:

You have probably just found some of the many reasons for not succeeding.

I hope it is not the case. I have had too many back-and-forths.

nutmeg · Nov 22, 2009

So the magic genie appeared to the trader and said, I'll grant you one wish"

The trader said "Hey, aren't you supposed to grant me 3 wishes?"

The genie replied "I already granted you 2 wishes, don't you remember? I granted your first wish and then for your second wish you asked if I could undo the first wish."

"Oh allright, if you say so. For my third wish, I would like to know why I'm a failure"

The genie said "That was your first wish."

Pension_Admin · Nov 22, 2009

Quote from nutmeg:

So the magic genie appeared to the trader and said, I'll grant you one wish"

The trader said "Hey, aren't you supposed to grant me 3 wishes?"

The genie replied "I already granted you 2 wishes, don't you remember? I granted your first wish and then for your second wish you asked if I could undo the first wish."

"Oh allright, if you say so. For my third wish, I would like to know why I'm a failure"

The genie said "That was your first wish."

LOL that was good one!

Classic!

Pension_Admin · Nov 22, 2009

Okay, so we now know the real reasons of failure, what's next in this thread?