Umair bin Aayid answered the question Why Do You Think 90% Of The Traders Fail?

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Umair bin Aayid

Lack of Risk Management stratergy

Last updated: 10/17/2023 06:10

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lxe3486477

They start day trading without a trading edge. A trading edge is more important than psychology and risk management. They’ll need an edge to succeed.

Last updated: 10/18/2023 02:38

Rae Eden

Traders fail because they take too much risk – they are in a hurry to get rich. When they get a drawdown, they quit or abandon the strategy.

Last updated: 10/18/2023 02:37

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