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 .
Hi Toucan, you have been trading longer than me. I was curious if you feel any type of emotions whether it’s a good trade or a botched trade? So far it’s been a wonderful2024 and I feel absolutely nothing, almost robotic, dead inside.
I'm always emotional until the trade gets to breakeven. my goal is to minimize trade entry errors, so..Trade profit or trade loss I get mad if after the fact I realize I shouldn't have taken the trade. Yes 2024 has been better than last year... So far :)
 
I'm always emotional until the trade gets to breakeven. my goal is to minimize trade entry errors, so..Trade profit or trade loss I get mad if after the fact I realize I shouldn't have taken the trade. Yes 2024 has been better than last year... So far :)
Thanks for answering that, I hope 2024 keeps being good to you!
 
I like to think different. Which might be why I will still be here and you soon will not be, if you continue on your current path.
Hello Overnight,

You should spend more time focused on your own trading instead of worrying about my trading buddy.

Trying to get me booted from ET still not going to put money in your pocket trading.

You still talking about me saying my goal is to trade 100ES contracts one day. Why you are so focus about my trading and my trading goals for?
 
Hello Overnight,

You should spend more time focused on your own trading instead of worrying about my trading buddy.

Trying to get me booted from ET still not going to put money in your pocket trading.

You still talking about me saying my goal is to trade 100ES contracts one day. Why you are so focus about my trading and my trading goals for?

I'm not trying to get you booted. You are going to do that on your own. Teehee, fucker.
 
I'm not trying to get you booted. You are going to do that on your own. Teehee, fucker.
Hello Overnight,

smh, you must be bored tonight right?

Maybe you should be booted from ET website for even mentioning me getting booted. You attack everyone bro and you cuss at people.

I am not sure why you are not booted. All you do is go around attacking people when you do not agree on they way the trade or they refuse to answer your questions or comments.

I do not ever attack people on ET website or talk down on people. I state how I trade and leave my comments and go about my life.
 
Hello Overnight,

smh, you must be bored tonight right?

Maybe you should be booted from ET website for even mentioning me getting booted. You attack everyone bro and you cuss at people.

I am not sure why you are not booted. All you do is go around attacking people when you do not agree on they way the trade or they refuse to answer your questions or comments.

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.
 
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