Since you've made it this far, let's figure out why traders, especially beginners, have thoughts about leaving the niche and never coming back.
1. There is no system, but you believe in success.
Instead of a clear plan – chaos. You enter 'by intuition', set stop losses 'somewhere', and estimate risks 'by eye'. Sleepless nights, anxiety, and a diminishing account.
2. You are not a trader, but a stunt performer.
You try to work on pumps, listings, and swings all at once.
As a result, you catch a lack of focus, and the market punishes you harshly for it.
3. I want to earn money, but courses are expensive.
You don't study, but you watch YouTube, read Telegram channels, and believe in free PDFs on trading. You try to piece together a strategy from free scraps of knowledge, while your account melts away faster than your faith in yourself.
4. The mindset: 'This is temporary, it's just not for me.'
Instead of figuring it out and actually investing in your development, you tell yourself: 'The market is just not for me; only insiders make money here...'
5. You are the market's punching bag.
You don't establish the rules of the game; you just accept them.
You endure drawdowns, don't cut losses, and don't set take profits – the market does what it wants with you.
So, trader? Are you staying in the market and working on your mistakes? Or are you moving to a field where there definitely won't be drawdowns? 😅
