90% traders lose money in stock market because of lack of knowledge.
Many traders enter stock market thinking that stock market is easy money and they would get rich overnight.
Trust me guys there is no easy money in stock market. Infact, Stock Market is one of the toughest ways to make money and one of the easiest ways to loose money.
What the 10% does is WIN and make profit. The 90% are just wasting their money trading and their losses are paying for the winners profits.
The 10% :
- Have a winning strategy
- Do not take losing as a bad thing but an opportunity to learn a new skill
- Do not need a lot of capital to begin with
- Do not try to recover their losses, they keep trading and aiming for more wins.
- Have their own tools to help them analyze the market.
- Know what they are doing and why they are doing it.
The 90% :
Does the opposite of the above list.
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