손실 내는 트레이더 95%는 뭘 잘못할까? 🤔

Everyone can talk, ideate, strategize, few can show up everyday and do the same thing and close their platform. That’s where the differential lies, not the intellectual side where we try to figure out the “golden system”.

There is no golden system. There’s only a system that works for you and discipline to follow your rules.

since i am currently almost done reading it and have it present: following what Tom Hougaard wrote in "best loser wins", unprofitable traders also do the following, which is not currently included in your list:

1) they dont add to winners
2) they add to losing trades
3) they take half profits

additionally, even if not included in his list on page 130 of "best loser wins", he argues in the book that:

4) unsuccessful traders will buy into falling stocks (the falling knife) -- Hougaard calls this the "supermarket mentality" where we look at falling prices in the financial markets like we look at toilet paper with a 50% discount in the supermarket
5) they believe that technical analysis is the only thing you need to succeed in the trading world and dont also try to improve their own psychology and emotions during trading because they fail to realize how our evolutionary survival instincts (like the attempt to avoid pain) will keep us from acting in our own best interest in trading (this is related to point 6 of your list)
6) they are trading yesterdays losses, are not present in the current market and are focussed too much on the outcome of a trade
7) they try to find the low/the high in a move
8) they think that every small counter-move against a trend is the start of a new trend and dont trust the trend that is currently happening, so they will not open a position during a trend that is already running out of the fear of reversal
9) they are hopeful when they should be fearful (while holding a losing trade) and are fearful when they should be hopeful (while holding a winning trade) and act accordingly (related to your points 5 and 6)
10) they are not actually trying to transform themselves, even if they say and think they want to, because they are not willing to actually invest the time and do the work to really change/improve
11) as the title of the book suggests, they cant stand to take a loss (related to point 5 of your list), but in trading the best loser wins

You can't idiot-proof things. They always find a way to make a better idiot.

That’s quite accurate;

no journaling = no data to reflect on

Blame market = no self reflection, prevents; edge development, emotional control, adaptability

Lack of trust = need more exp, a lot of traders struggle with this…keep showing up and take mental breaks, practice and look through your journal. It takes time just keep it slow and consistent

No stop loss = no risk management

Quick profit/hold losers = bad risk management and over time difficult to execute…not impossible, there are traders out there with negative RR

Not understanding impulses = lack of journaling and reflection

No plan = no consistency to build off of or track

Lack of discipline and consistency = skills won’t improve nor compound

Are you missing anything?
Yes, patience.
Expect that it will take a few years to understand how the market will benefit you, just show up everyday so you can commit to learning.
Learn the markets, a strategy, risk management, execution, psychology, balance etc.
maybe you have skills from somewhere else that will transfer, or maybe you have to let go of bad habits…maybe you have to work on side income and being stable first, everyone has their own path.

Don’t force profits, and only risk what you are willing to lose…set budgets for the year then break it down for the quarter/monthly, prepare for losses…carry over winners…good luck.

IMO trading is a lot like getting a degree, you are learning a new job and are going through the needed training to succeed at it…don’t make your tuition more expensive than it should be.

(Edit; make it a lil easier to read)

The strategy part is easy, you could just do std deviation to 50ema and you got yourself a daily strategy. Try to get 50% and do 1 :2 RR. In theory you have yourself an edge just by watching the 50 ema reversion. But the list of requirements just start here. There are lots of donts. Like dont trade outside of set parameters. Stick to the 1:2 rr. Add the psychological element and it starts to get complicated. When you hit losses you will react, either chasing them or get hesitant. For trading to work you need to have a good list of rules and "donts".

Most unprofitable traders have zero edge. They have one good month and they think they're a god but they haven't actually done any backtesting. A smaller number of unprofitable traders have an edge but struggle to execute due to untreated mental illness. The latter group would likely fail in any endeavor.

A bad trader is hindered by their own psychology—their own self. What do you call a person who, instead of doing their job, fights with themselves?

Yeah, it’s all about behavior. With accessibility, anyone can trade. No filters, no barriers to entry. Every idiot can trade, and that’s exactly what you see online. It’s a mirror. Trading is hard, but it’s even harder if the inside of your skull is rock solid.

Education doesn’t fix this, because everything has been said a million times, over and over again. These people have been around for decades, and it’s only getting worse. It changes nothing.

I agree most of this comes down to behavior. But here’s the part that gets overlooked:

Most traders don’t fail because they don’t *know* what to do.

They fail because they can’t measure when they deviate.


“Lack of discipline” is often just unquantified behavior.

- How often do you override your rules?

- Does your size increase after wins?

- Does your holding time shrink in drawdowns?

- Do you trade more in low-persistence regimes?

Without structured feedback, self-awareness becomes guesswork. Psychology matters.

But structure determines whether psychology holds under stress.

Curious - does anyone here use tools that actually track behavioral deviation in real time? Or is it mostly manual journaling?

The most common causes are: 5-4-7-6-2. These are the causes of gamblers. They had absolutely no idea what they were doing. They just wanted quick profits, DCA , Hold losing trades with the hope of breaking even., without a well-backed-up strategy.

Reasons why traders (those who actually take the time to learn to trade) are: Not finding an effective strategy > No journal trading > Poor capital management > Lack of faith in the strategy > Psychology > Emotions while trading > Consistency and discipline

>>>> And most traders fail at the first step: creating or finding an effective strategy. If the strategy is ineffective, if there is no "Edge," all subsequent steps such as discipline, capital management, and psychology are meaningless.

the journaling one gets slept on the most.. people want the holy grail setup but won't spend 10 minutes writing down why they entered a trade they already know was emotional.

Cue the "But you need an edge" crowd.

Success has so little to do with strategy and so much to do with yourself. It's the single biggest misconception I had when I started.

Exactly, most unprofitable traders fail because of behavior not strategy. Avoiding blame, journaling, following your plan, using stops, and controlling impulses already puts you ahead of 95%.

AI was honestly the biggest mistake in human existence. If I have to read one more AI generated discussion passed as an original thought I am going to scream.

Trading without a plan is their biggest mistake. I have a plan made every night for the following day. I publish the plans to hold myself accountable. I share some on reddit. If price does not interact with planned levels. I have no trade. Its very simple.

Showing up everyday is something 80% of traders don’t do.

Losing traders also:

9. Buy without doing research of the company to determine if you are really buying a “winner business” in its sector or market.

10. Buy crappy penny stocks expecting that it will double from $2 to $4, but instead it halves again… in 3 minutes (and when the whole market is going green 🤣).

11. Buy based on social media chatter, stock influencers, and internet bs, instead of buying because of your own strategies, research, and facts about the company, its industry, and its prior stock behavior.

And the classic ones:

12. They buy when the big investors are ready to sell (at the higher heights) and sell typically at the wrong times (either too fast or too late).

13. They refuse to admit when a previous winner stock is not a winner anymore, until they end bagholding it for half a year or more, without making a single cent from it. (Note: In the worst cases, it doesn’t go back up! So it’s not just bagholdery it’s a true loss.)

Learn on your own, I never watched one YouTube finance influencer video. Read actual statistically significant articles. You have to sift through a ton of bullshit which makes it hard for new traders