Ever wonder why 95% of traders leave the market within the first year? Simply put: they lose their money. 

Here are the top reasons. Hopefully you could avert your tragedy.

1. Traders misunderstand their relationship with the market.

Successful traders comprehend the symbiotic relationship that exists with their market, taking full advantage of the ebbs and flows of the stock. Instead of fighting the market, they trade with it.

2. Traders are risk averse.

Given a choice, most traders will risk it all to avoid a loss but limit their risks in gaining on the market. This human tendency all but guarantees a total loss. 

3. Traders misunderstand themselves.

Trading brings out a person's true character. Those who recognize and deal with their emotions trade much better, able to exercise greater self control. They accept loss as a matter of course.

4. Traders confuse realized and unrealized gains and losses.

A true profit or loss is not realized until a real trade is sold and cash is transferred. An unrealized gain or loss is merely on paper and meaningless. Be rationally aware of the difference. 

5. Most traders do not understand their instruments.

Successful traders are at one with the components that make up their financial instruments. Master them so you can work through inevitable market fluctuations.

6. Traders fail to discern when to act or exercise patience.

The winners are adept at determining when to act quickly and when to wait patiently. Adhere to a strict code of rules, and know that sometimes the best trade is no trade at all.

7. Traders fail to learn a viable strategy.

Success comes from finding a strategy that fits in all aspects. Personality, scheduling, risk tolerances, etc. all have to provide for a good match to a successful strategy. 

Find out if trading is for you through a no cost, no obligation meeting with Head Trader/Trainer Hugh.

Contact us for details.