Why are only 10% of traders successful?
Why are only 10% of traders successful?
The popularity of exchange trading is growing rapidly today, but experience shows that only 10% of those who come to trade end up making a profit.
Barrier N°1
Laziness and unwillingness to learn.
Frankly, most people who want to profit from stock trading do not want to learn this. They feel sorry for the time to master the base, to practice.
Having earned a couple of times on a demo account, they immediately go to trade for real money. And for this category of traders, failures are predetermined by their own attitude to the trading process.
Barrier N°2
Greed and haste.
"Exchange trading will make me a millionaire in just a week" - completely wrong expectations.
Instead of trades with a profitability of 3-5% and a success rate of 70%, many traders are interested in trades with a profitability of 70% and a success rate of 3-5%. There is nothing surprising in the fact that such transactions do not end well.
At the same time, +10% per month will increase capital very quickly if you trade systematically and do not chase fast super-profits, which always turn into losses.
Barrier N°3
Mismanagement of finances.
Even in the absence of a large risk of each particular trade, there is a danger of losing the profits of many previous trades by making one trade for too much.
Equal lots that do not exceed 1% of the deposit are a guarantee of security.
Barrier N°4
Too complicated strategy.
A simple and transparent strategy is better than a complex one. It is worth striving for a yield of 60-70%, this is quite enough to consistently make a profit. The search for a "super strategy" with a 90% return is usually unsuccessful, and overly complex systems do not work very well.
Barrier N°5
Wrongly organized trade.
"Professional burnout" and the failures associated with it often haunt those traders who give a lot of time to work.
It is advised to trade no more than 5 hours a day and conclude no more than 1-2 transactions. This will save energy and a positive attitude.
Trading without drawdowns and with a stable income
- exactly what you should strive for.
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
---
• Look at my ideas about interesting altcoins in the related section down below ↓
• For more ideas please hit "Like" and "Follow"!
The popularity of exchange trading is growing rapidly today, but experience shows that only 10% of those who come to trade end up making a profit.
Barrier N°1
Laziness and unwillingness to learn.
Frankly, most people who want to profit from stock trading do not want to learn this. They feel sorry for the time to master the base, to practice.
Having earned a couple of times on a demo account, they immediately go to trade for real money. And for this category of traders, failures are predetermined by their own attitude to the trading process.
Barrier N°2
Greed and haste.
"Exchange trading will make me a millionaire in just a week" - completely wrong expectations.
Instead of trades with a profitability of 3-5% and a success rate of 70%, many traders are interested in trades with a profitability of 70% and a success rate of 3-5%. There is nothing surprising in the fact that such transactions do not end well.
At the same time, +10% per month will increase capital very quickly if you trade systematically and do not chase fast super-profits, which always turn into losses.
Barrier N°3
Mismanagement of finances.
Even in the absence of a large risk of each particular trade, there is a danger of losing the profits of many previous trades by making one trade for too much.
Equal lots that do not exceed 1% of the deposit are a guarantee of security.
Barrier N°4
Too complicated strategy.
A simple and transparent strategy is better than a complex one. It is worth striving for a yield of 60-70%, this is quite enough to consistently make a profit. The search for a "super strategy" with a 90% return is usually unsuccessful, and overly complex systems do not work very well.
Barrier N°5
Wrongly organized trade.
"Professional burnout" and the failures associated with it often haunt those traders who give a lot of time to work.
It is advised to trade no more than 5 hours a day and conclude no more than 1-2 transactions. This will save energy and a positive attitude.
Trading without drawdowns and with a stable income
- exactly what you should strive for.
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
---
• Look at my ideas about interesting altcoins in the related section down below ↓
• For more ideas please hit "Like" and "Follow"!
🔥Indicators Set - t.me/crypto4light/2155
✅Youtube- youtube.com/crypto4light
💰Join in tg channel - t.me/crypto4light
🐦Follow on Twitter - twitter.com/vladi4light
📊Max Discounts lnk.bio/discount4light
✅Youtube- youtube.com/crypto4light
💰Join in tg channel - t.me/crypto4light
🐦Follow on Twitter - twitter.com/vladi4light
📊Max Discounts lnk.bio/discount4light
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