Why Do 90% of Traders Fail?
http://www.michaelglass.com - It is often quotes that over 90% of all day traders fail. The obvious question is: WHY? Why do 90% of traders fail? You can go to google and find tons and tons of strategies strategies with the guarantee of quick profits. You will find Stock Market Guru telling you about their proven trading system that can easily be replicated. More importantly, you will find thousands of traders searching on google for the Legend of the Holy Grail. The cant loose indicator or trading system that takes all of the risk of trading away.
The Truth? Well the trust is there is no Holy Grail Success in trading is not found in a magical indicator nor a trading system. If it was that easy then everyone would succeed. The different between winning and losing traders is that that consistent profitable traders have learned that the Holy Grail is truly about how we as traders manage our emotions about both winning and losing trades.