Top 5 Reasons 9,990 Traders Failed

  1. They never really had a system or method to start with. Let me define the difference for you.
  2. They second guess themselves. They have a good system or method, but talk themselves into and out of trades.
  3. They haven’t really done any deep thinking about their system and basic arithmetic.
  4. They never did any back testing or forward testing. Just because something worked this week or last month doesn’t mean it will work going forward

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