Can Money be made in Trading as a Profession

Bears Ruling Dalal Street with Nifty crashing to the most talked and Sacrosanct Level of 4800.
I have came across many traders who have lost a fortune while trading and few people who made a fortune. Trading is a profession in which you require a Army like discipline and a peaceful mind with temperament.

90% of Traders Loose money

So now question arises why Traders loose money?

1. Having No trading system :- Most of Traders i have interacted have no system to trade with. Trading system will help a trader to generate Buy and Sell Levels with a proper Sl.
Trading system should work in all Kind of market and should be properly back tested for at least 3 months.
As an example Trading system i follow has generated the following levels

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