There is many things causing some trader get fail or loses.
Let us see our self and find it , which factor in our self and lets we change quickly.
Following cause of these:
1. Has wrong confidence about trading
The first factor which at most causing trader loss is wrong confidence about trading .Some opinion that trading is gambling, and money gotten from trading is illicit.
Partly again believe that trading is business because to yield profit,needed an analysis, strategy,money management and bounces manajemen. Trading is not based on at luck factor as of eye but this because trader ability .
Human brain basically only looks for gain and avoids loses .So, if something related to loses we tend to avoid it .the other way if some thing related to gain we try to come near it. But if to same thing there is louses up confidence and we hook.correlate it in parallel with advantage and disadvantage make our brain becoming confused or neutral.
Confidence can be supposed like magnet .If mixed positive confidence with negative confidence to a thing, nothing like positive pole and pole negative to a thing, the only condition of this netral And makes our mind becoming confused and neutral like ordinary iron , not anymore magnet.
When our confidence are circular that profit is positive and loss is negative , pole come to light and we become magnet.
2. Has ill defined purpose
Second reason why some of trader loses is don't have clear purpose and is always just changed.
Determines the purpose hardly important. Because without purposed or goal,our moves is without direction.
If we didn't determine purpose of trading, we will lose time, lost money , lost think , power castaway and more hardly again we didn’t go anywhere, just at same place , even place which we might not like.
Besides we also will find difficulties if our purpose be fickle.
Many people unconsciously always changes the target before the target is reached.
3. Assumes the purpose is impossible to reached
It is really concern that there's only a few trader which dare to specify purpose. And more concerningly again there are reality that many of them feels that the purpose is impossible for reached.
Its permitted for other to assumes our purpose is impossible for us, but if our self had an idea that its imposible , we lost possibility to reach the purpose.
When trader assumes his purpose imposible , he do not make any action to reach it .Thereby result is zero.
Even he conducts action is to reach his goal, because he thinks its imposible ,his action are not serious,lazyly ,powerless,not focus .and then result of it is beyond question will not gratify.
Man tends to do something according to his belief . When its tell that the purpose is impossible, the action would be weak. If result is bad,he would increasingly believes that its really impossible purpose.
4. Doesn't feel must reach the purpose
Although we have a goal , if we didn’t feel have to reach it , there is no strong motivation to get it. Though we can reach it, We didn’t motivated to reach it because didn't feel as a duty .And if not feels it as a compulsion from within self, small restriction have been enough to discomfit effort for us to reach purpose.
5. Haves no proven strategy succeeded
Although we have had correct confidence, precise purpose,dan feels as duty, if strategy is wrong, permanently our purpose will not be reached.
To have proven succeeded strategy we can get it from result of our experience or ownself testing , nor from other trader which have been proven succeeded.
6. Doesn't have realistic plan
Any kinds of purpose is planless which realistic , difficulty to reach .
As good any strategy , without realistic plan , can make our action exit from road to success.
7. Do not make action according to plan
In the process of it , very often we are exit from action plan , we must konsiten ,must do the plan to reach purpose which have been specified.
8. Do not make evaluation and harmonization.
Many trader has done plan in line which has been specified, but they have never to evaluate and harmonizes again . This is cause of we don't know where the mistake, so makes our walking is slow or even runs place. .
9. Doesn't have successful mentor
If we have to try all of these it self , we will pass the time and energy far more compared to we are learning from man who has succeeded in trading.
In in reality there is many trader asks to 95% other trader which average , so that result is also average would.
