If you want to know the biggest reason most traders lose money, here it is — they stop too soon.
I see it over and over…
A trader starts following a system that has known and calculated odds, expectancies in their favor, repeatability and a track record of success.
But the first time they hit a losing streak, they panic. They start thinking the system is broken, or that they’ve been scammed. And they quit.
That is the fatal mistake. Because even the best traders in the world have losing streaks and when you quit during a bad stretch, you guarantee that you lose.
It’s just like a casino player walking away after a run of bad hands — but Wall Street and the casinos understand this. They do not quit after a streak.
They trust the math. They keep playing the long game.
No system — not mine, not anyone’s — wins 100% of the time. You will see losing streaks. The question is whether you trust the process enough to keep going.
Because if you don’t, then you’ve already failed.
Why Repeating the System Is Critical
When I design a system, I ensure that the odds and expectancies are in our favor. I will not put out a system that does not meet that standard. But I cannot control whether you actually repeat it.
This is where most traders go wrong. They start off fine, but after two or three losses — sometimes even just one — they start doubting. They stop trading the system.
And that is why they lose money.
If you stick with the system — through both the winning and the losing streaks — the math will play out over time.
That is how professionals approach it. They do not stop too soon. They understand that the edge only works if you keep swinging the bat.
Kane Shieh
Kane Shieh Trading
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*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
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