What's the Biggest Reason Why Traders Fail?

[ironchef]

SML, where and how did you learn to write algos?

And while we are at it, When?

You obviously didn't read his posts.

He told us many times, it is very simple: stare, click, stare, click. No indicators, no lines, no Al Brooks.....

 

[ironchef]

Yes, I am selling some of my algos, and I have sold some of my algos.

Free money.

 

[Maverick2608]

Women

 

[ironchef]

None of the above. Most traders don't have an edge, their methods/plans do not have positive expectancy.

 

[TrailerParkTed]

LOL, must be. Actually, some of the threads I read over this weekend made me feel all depressed. I wonder why they just can't give up, even after so many years of losses.

 

[Picaso]

And #6: They're all out to get me.

 

[zdreg]

[/QUOTE]

None of the above. Most traders don't have an edge, their methods/plans do not have positive expectancy.

The truth came out. It is otherwise know as gambling and not being the house.

 

[semperfrosty]

View attachment 332219

This thing keeps me up at night and not just in trading.

 

[SimpleMeLike]

SML, where and how did you learn to write algos?

Good Morning themickey,

Where did I learn to program algos?
I learned from myself and the trading platform programming language.

How did I learn to program algos?
Studying the #C programming language.

Algos?
Stare at the chart , think of an idea, program, back test.

All 3 things I learned for the kind cost of $0.00. no book, no course, no nothing, just me and the chart. Simple, why make life hard.

The reward, millions of dollars of course.

As I said 1000 times, trading the ES futures market is VERY easy to me.

 

[SimpleMeLike]

And while we are at it, When?

Good Morning taowave,

When did I learn what I post below?
I learned over the past few years. The cost to learn was exactly $0.00. Did not read no damn trading book, and certainly was not scammed buying a trading course, no coaching fee, none of that crap.

Everything I do cost me $0.00. And the reward is millions of dollars.

https://www.elitetrader.com/et/thre...-to-traders-demise.378019/page-3#post-5917122