Reasons Why Traders Fail

Every traders goal is to set himself apart from the crowd and avoid losing money. As the famous 90 Rule 90% of trader losr 90% of capital in 90 days. To be a consistent in trading, avoid making the following mistakes.
1. Looking for a Perfect System. Traders who skip around from one method, system, indicator or service to the next in order to find a perfect system will never be a winner. Trading is mastering a system which you have trust on. Its a repetitive process, Keep following the same system again and again once you develop a knack.
2. Not sticking to a plan. A methodology, or trading system, is essential. The markets can be confusing, especially for someone without a specific plan of action that can be used again and again. Without a plan, you will react to the market instead of anticipating the market. Creating


Continue Reading