Why Most Traders Will NEVER Be Profitable – And It’s Their Own Fault"
“We’ve all heard that trading success requires discipline, knowledge, and risk management. But here’s the harsh reality, most traders are sabotaging themselves because they focus on the wrong things. They obsess over the latest 'winning strategy' and get-rich-quick schemes instead of building real trading skills.”
Most traders don’t track their trades; they chase the next big profit without analyzing their past mistakes.
They rely on social media gurus and signals instead of learning to read the market for themselves.
They underestimate risk in their portfolios, risking everything for one “jackpot” trade that usually backfires.
“You want the truth? 95% of traders won’t make it because they refuse to put in the work. They want shortcuts, but trading doesn’t reward shortcuts. If you’re serious about success, it’s time to ditch the hype and focus on skill development and mental discipline. The ones who survive aren’t the lucky ones; they’re the ones who outlasted all the quick-fix traders.
I do my Daily Devotion everyday from 5am to 5:40am. And after which, I start my morning routine immediately before my 7am Trading time.
So in most cases, I don't really have the need for this Alarm to ring, but because of human limitations, after morning devotion, I might find myself needing to take a little more rest, that's where the alarm comes in.
I like you to take note of the Title of the alarm DO WHAT UNPROFITABLE TRADERS DON'T DO. With all due respect, but the difference between a Profitable and Unprofitable Trader is just in the doing, not in the knowing. No one is ever profitable by just what he knows, but by what he does.
THIS IS MY CHALLENGE TO YOU THIS WEEK, DO WHAT 90% OF TRADERS DON'T DO.
📌While others don't journal, take your journaling serious.
📌While others are lackadaisical in their approach to the market, be passionate about your trading career
📌 While other give-up, you understand it's a journey
📌 While others approach the market with over confidence, you be humble in your approach
📌 While other don't study, you subject yourself to intensive study
📌 While others see it a get rich quick scheme thereby overlooking risk management, you approach it as a business
📌 While others are okay with what they think they know, you keep evolving as the market evolves
📌 While others blame the market for their loss, you take responsibility and find out why
📌While others are perfect analysts but non-executioners, you keep executing and keep growing
📌 While others feel sad for a loss, you see it as a number game
Challenge yourself to do exactly what UNPROFITABLE TRADERS DON'T DO.
Wishing you a most profitable week!
Let's GLOW 💙🤍
It's quite disappointing how abnormality is becoming a norm these days, and normalcy is seen to be an extraordinary act.
U will do normal thing, people will start clapping for u... Is it not a sign that humanity is fading away?
This our generation...🤕 @_Debbie_OA@DanielRegha
Definitely most of you are more virtuous than this very lady, most of you does what is way harder & worse than whatever she's doing that recently attracted such massive grace to her in order to keep ur homes or show responsibility... But nevertheless, grace must find you working!
2.
And there's this thing grace also does: it will position/push you to the right place at the right time, and also to force u to take the action that will trigger it! That's why you need to pray for the grace as you work...
Be careful when dealing with people!
True intentions can actually change, someone that meant well for you can actually do you bad thing, and you might be the cause or the reason of their actions... But we are always free to still put the blame on them, it's actually a cr@zy world
SO LET'S SETTLE THIS ONCE AND FOR ALL.
You all know how I'm big on studying.
I've come to find out that each time I encourage people to study, I get asked
HOW EXACTLY CAN ONE STUDY
It's for this reason that I've put together these few words of mine which I believe would be a foundation to your study life. Knowing that "the only thing that works is work."
From personal experience, I've come to put together three study stages. Which I will state and briefly explain each stage.
(1) GUIDED STUDY: This involves landing a tutorial video from your mentor or anywhere, and BASED ON WHAT HE IS SHOWING YOU, you start backtesting and seeing things for yourself. This does not require in/re-novation. Just do as you're being taught.
(2) OBSERVATION TRIGGERED STUDY: Forget the naming, in this stage, you're simply jotting down what you observed while carrying out what you learnt via guided study but in the live market.
Maybe you took an SL, market always takes you out before going your way, price doesn't always reach your TP level before reversing, stuffs like that. Not because what you learnt was wrong. It's simply because every knowledge about the market retains its validity by constant refinement. So those things you noted by observation would spur you to study.
(3) SCENARIO CREATION: This time around, you're not being guided to study. You're not even studying because you observed something from what you were taught. You're rather in a voyage to discover "new" things. This stage is exactly where you find your edge.
You can't truly say you've found your edge from being guided to study, or from studying what you observed while implementing what you got via guided knowledge. You need to be at the stage of scenario creation before you say you've found YOUR edge.
Asking yourself questions. Many Why nots? What ifs? Hows? Whys?
You might not find the answer in two weeks or three years or 4months or one day. But when you finally find it, no one can take it away from you. You might not even be able to teach it, but you just can't deny that you've found it.
Of course, it doesn't have to be entirely different from what your mentor taught you. You just have built "your own truth" around what you've been taught.
Scenarios like, if they say OBs are candles at the base or peak of an impulsive movement. Now, let me check the ones that hold and the ones that don't. Is there a similar patterns amongst the ones that hold from the ones that don't hold price? If yes, what makes them different? How does price react to the ones that hold? To what extent does price move after mitigating the OBs that hold. These are examples of scenario creation.
Again, you must get to this level before you can say you've found your edge. The truth is, the bridge to each stage is studying.
You Study and study and study, then you start being mentally capable to observe. You Study, and Study, and Study before you become mentally capable to think outside the box and create a scenario for yourself.
Yes, you can operate in the three at same time. But most often it is sequential from the first - guided study.
This is already long✋😂🤚
Let me stop here.
If you care, you may want to repost and even bookmark for reference.
Happy New Month to you 👑🫂❤️