You read this and think: 'Come on, this isn't about me.' But let's be honest: if you're not making money, it means you're messing up somewhere.
💣 7 DEADLY SINS OF A TRADER
1. You don't control your psychology.
- After a loss, you get angry and enter a new trade to 'get back.'
- After a profit, you relax and lose focus.
- The market senses your emotions and pressures your weak spots.
2. You don't understand what 'market edge' is.
- You enter trades in the middle of a move when it's already too late.
- You don't wait for the perfect moment (bounce from a level, breakout with confirmation).
- You trade 'on luck,' not by strategy.
3. You don't know how to read the market.
- You only look at the price, ignoring volumes, liquidity, and cluster analysis.
- You don't see the difference between a true and false breakout.
- You trade blindly.
4. You don't manage risks.
- You set your stop too wide ('what if it takes me out').
- Or too tight (you get out on noise).
- You don't calculate risk-reward before entering.
5. You trade too often.
- You open trades just like that because 'you're bored.'
- You overtrade and lose on spreads and commissions.
- 90% of a trader's time is waiting. You, however, trade 24/7.
6. You don't test strategies.
- You believe in the 'holy grail' after 5 successful trades.
- You don't test the system on historical data and don't calculate the expected value.
- You're playing roulette, not trading.
7. You don't learn from your mistakes.
- You make the same mistakes year after year.
- You don't keep a journal or do it 'for the sake of it.'
- You are not growing. You're standing still.
💡 HOW TO BREAK OUT OF THIS HELL?
1. Stop trading with real money.
- Switch to demo or tiny accounts until you are stable.
- If you can't make money on a simulator, it will only get worse in real life.
2. Find your niche.
- Don't try to trade everything at once (stocks, futures, crypto, Forex).
- Choose 1 market, 1 timeframe, 1 strategy and become an expert in it.
3. Create a clear algorithm.
- Write down the rules:
- Where to enter? (level, pattern, indicator)
- Where to set SL? (fixed % or technical level)
- Where to take profits? (TP, trailing, partial exit)
4. Start counting the money.
- Risk no more than 1-2% per trade.
- Calculate the expected value of your strategy (**EV = (WinRate × AvgWin) – (LossRate × AvgLoss)**).
- If EV is negative, you will be losing.
5. Keep a journal and analyze every trade.
- Why did you enter? (according to plan or on emotions?)
- Why did you exit? (because of a stop or fear?)
- What can be improved?
🎯 FINAL CHOICE
- Option 1: Keep doing as before → lose money.
- Option 2: Get yourself together, learn, discipline yourself → start making money.
The choice is yours. But the market doesn't care whether you survive or not. 💀