Frustrating Things That Struggling Traders Do

Recently, a couple people I know packed up and quit trading after struggling for a long time to hold their heads above water. They didn’t make it. This isn’t unusual of course - this profession has a high failure rate - but it frustrated me.
It frustrated me because I could see potential in them. I don’t believe you have to be particularly talented or intelligent to be a successful trader, but they seemed to have a grasp on the market and the necessary love of trading. They had the tools, they had the knowledge, they had the time, and they had the funds. It also frustrated me because I could see the pressure they were under that contributed to their failures. Most of all though, it frustrated me because I could clearly see what they were doing wrong, but they just couldn’t stop from making the same mistakes over and over.
This happens a lot. I see a lot of people making the same exact mistakes. So I thought I would share my list of the seven most frustrating things that struggling traders do…

1. It frustrates me when people will not do their own homework.
Too many people want to make money, but aren’t willing to put the time in and do what it takes. I love answering questions, and I have a passion to help people learn, but when I notice someone asking the same questions over and over, and they are basic questions that anyone could google if they gave it 30 second’s effort, I know they are lazy and probably won’t make it.
You want to know what makes a successfu

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