Weekly Motivation

Why Most Traders Lost Most of the Time?

It really gets down to this. The market can spin on a dime and most traders cannot.

We want to be right so badly that once our mind establishes a viewpoint (the market will rally), it takes hell and high water (that translates to margin call) to get us to force up to reality.

The last signal, or indication in your work, is what you should be following, not the one before last that you are still hoping will work. Hope does not work in this business. Following the market does, that’s reality. The instant you learn to trade reality, not wishes, you will break through the wall of fire to become a successful trader.