What's the Biggest Reason Why Traders Fail?

Why do so many traders fail?

  • Being undercapitalized

    Votes: 13 26.5%

  • Not having a trading plan

    Votes: 15 30.6%

  • Lack of discipline (eg. too emotional and not following a trading plan)

    Votes: 20 40.8%

  • Lack of knowledge or experience (eg. either too dumb or too arrogant)

    Votes: 15 30.6%

  • Lack of focus (eg. jack of all trades, master of none)

    Votes: 11 22.4%

  • Poor money- and risk-management (eg. taking on too much risk)

    Votes: 26 53.1%

  • Impatience (eg. always getting in and out too soon)

    Votes: 13 26.5%

  • Overconfidence (eg. IT'S DIFFERENT THIS TIME!!!)

    Votes: 16 32.7%

  • Being emotionally tied to the stocks

    Votes: 8 16.3%

  • Being emotionally tied to the market direction (eg. alway bullish)

    Votes: 8 16.3%
  • Total voters
    49
  • Poll closed .
Overnight said:
The next fucking time you type "smh", I am going to ask evil eye to ban the fuck out of you. SMH as a concept and emote needs to die, stat.
More...
Hello Overnight,

SMH, SMH, SMH, SMH, SMH, SMH, SMH, SMH, SMH , SMH, SMH, SMH.............you need me to type SMH again for you?

Now what you going do tuff guy?

SMH SMH, now what you going do about it?
 
Magna. Please ban SML. He is a horrible trader who thinks that anyone and everyone is a shitty trader unless they trade hundreds of futures contracts, Blah.
 
Overnight said:
Magna. Please ban SML. He is a horrible trader who thinks that anyone and everyone is a shitty trader unless they trade hundreds of futures contracts, Blah.
More...
Magna. Please ban Overnight, He is a horrible trader who thinks that anyone and everyone that does not do what he says and thinks like him and agrees with him should be ban, Blah.
 
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