Why do people fail?
• Lack of patience. Unrealistic expectations. Unfortunately people approach trading with unrealistic expectations. In other areas of their lives it may have taken a year or years for someone to grow a business or achieve accolades in a profession. People approach trading with the idea they can view some information and then a week or two later they will be making large sums of money. They are unrealistic and impatient. First you need to be exposed to a number of different market conditions so you can start to identify those conditions and then understand how to perform correctly in each condition. Markets trade in cycles. The conditions change in each cycle.
