Meanwhile, those who quit often come in with the wrong mindset, expecting trading to be a shortcut to wealth.
This is true. Many of them think that trading is their way to become rich, while there's half truth to it and it did happened to some. But if they have that mindset and they want to do it on a shortcut, they've got the wrong mindset about it. The earlier an unprofitable trader realizes that it's not for them, they have an option to continue if they want to stick to the market. It's no longer about trading but investing.