Why only small fraction of traders become Professional Traders

Why do most fail?

No Passion for Trading

When people come into the world of trading many think that they only need to learn a strategy and follow the rules of that strategy. And, there are some people who actually do this for awhile. The problem with those who do not first get a good foundation of the markets is that when the markets change or when they have a drawdown, they start making mistakes. Those mistakes lead to a viscous cycle of getting back your money from market and ultimately lead to burst of trading account.
There are those who are only trading to

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