There are many reasons why traders fail to make a living from trading. Common reasons include lack of discipline, poor risk management, lack of a solid trading plan, and emotional trading. Other factors such as unrealistic expectations, insufficient capital, and inadequate knowledge of the markets can also contribute to failure. Additionally, trading for a living requires a significant amount of time, effort, and dedication. Traders must be willing to continuously learn and adapt to changing market conditions. Failure to recognize and address these issues can result in significant losses and can even lead to traders abandoning their trading goals altogether. Ultimately, trading for a living requires a combination of skill, discipline, and patience, and traders should be realistic about their expectations and willing to put in the necessary work to achieve their goals.
