What's the Biggest Reason Why Traders Fail?

[ondafringe]

Hello ondafringe,

I am not sure what this means, but programming is a very wise and profitable skill to have. And fun.

I agree. I do some coding myself. Not good, but good enough.

It was just a light-hearted gig!

 

[murray t turtle]

Not surprisingly, we all know why and yet we keep committing the same sin over and over.

%%
A bias towards longs;
bias on shorts like BA sector may Not be a cause for failure LOL, if trend study supports it.
I voted for all the rest of them, even though i dont do polls usually..............................
Another big cause for failure + sub average performance /not taking enough risk;
sorry\ 1% from bank interest = sub average LOL.
Soem people get by that by 40 years of IRA so can still be a millionaire on sub average LOL,

 

[beginner66]

Hello ondafringe,

I am not sure what this means, but programming is a very wise and profitable skill to have. And fun.

Hi SimplemeLike...been following you a while...i like you honesty and attitude..glad you making a killing now... how often are you trading per day ? eg 3 trades, 10 trades, 50 trades, 100 plus trades ? do you use the $Tick,Avd/Decl,Trin at all for bigger picture ? thanks again
best
John

 

[Mercor]

Number one problem...
The market not cooperating

 

[murray t turtle]

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

%%
That can be a difficult number 6/ because if you win it before they spin it/good job LOL
NOT that trading=investing is gambling; its not.
I just thoutht of one SEPT\FNGU made as surpise move, much more than EVER befor ; so that turend out to be much BIGer loss than planned .
Actualy i trade it smaller now\ if at all\ much less volume now , another hint to me...........................
Good %% gainer on right side of it LOL

 

[SimpleMeLike]

Hi SimplemeLike...been following you a while...i like you honesty and attitude ..glad you making a killing now... how often are you trading per day ? eg 3 trades, 10 trades, 50 trades, 100 plus trades ? do you use the $Tick,Avd/Decl,Trin at all for bigger picture ? thanks again
best
John

Hello beginner66,

I responded to your questions

I trade between 1 to 1000 trades per day. More or less, all depends if I have alot of time or not. All depends on how I feel for the day. I do not have rules. I would like to trade up 2000 times per day, but not enough time.

What do you mean by $Tick,Avd/Decl,Trin? I never heard of this before. What is this?

What do you mean by "bigger picture"? What big picture are you referring to. I never heard of this before, bigger picture.

 

[taowave]

You would like to make 5 trades per minute?
There are THAT many setups?
Manually??
Seems reasonable

Hello beginner66,

I responded to your questions

I trade between 1 to 1000 trades per day. More or less, all depends if I have alot of time or not. All depends on how I feel for the day. I do not have rules. I would like to trade up 2000 times per day, but not enough time.

What do you mean by $Tick,Avd/Decl,Trin? I never heard of this before. What is this?

What do you mean by "bigger picture"? What big picture are you referring to. I never heard of this before, bigger picture.

 

[newwurldmn]

You would like to make 5 trades per minute?
Manually??
Seems reasonable

aren’t you doing that?

 

[schizo]

Hi SimplemeLike...
do you use the $Tick,Avd/Decl,Trin at all for bigger picture ? thanks again
best
John

Hello beginner66,
What do you mean by $Tick,Avd/Decl,Trin? I never heard of this before. What is this?

What do you mean by "bigger picture"? What big picture are you referring to. I never heard of this before, bigger picture.

Obviously, SimpleMeLike is either a poser or he really is a simpleton . In either case, he sure knows how to tell a good story: From rags to riches, I'm a overnight success. To be like me, all you need to do is clicky-ty, clicky-ty, click! (If fact, you don't need to know NOTHING.)

 

[taowave]

LOL!!!

They shut me down at 400 per day..

Added 10 years to my life

aren’t you doing that?