considering the fact that trading is highly profitable and responds majorly to knowledge and skills, this means its needs full attention and concentration consistently. i have noticed alot of new and upcoming trader gets carried away easily with little profits or loss. this makes many to quit or feel complascent. becoming a good trader is like going to a school, you do all necessary things consistently without any distraction untill you succeed. this is one of the things that i feel is needed to incorporate into trading learning process and lifestyle.
Trading is not what everyone can do, because there are many people who cannot cope with the stress of having to read a lot every day and doing research to be able to trade. But all you need is passion, as long as you have that love for what you’re doing you’re not going to be seeing it as a stress any more, instead you’re going to enjoy doing what you’re doing, even though it’s not easy.
The reason a lot of people quit is because, first of all they want to make quick money, and secondly, they want to make it easily, and when they come into trading and see how hard it is, they all run off. But those who stay and develop passion for it and start working hard on it are the ones who are successful.