• Edge Up
  • Why Do So Many Trader's Fail? | 0...
Episode notes

Aloha! We are Glenn & Reid, founders of Hawai'i Trading Academy.

There’s a statistic floating around you’ve probably heard:

“90% of traders lose 90% of their money in 90 days"

While we can’t confirm where this claims is from,

The truth is not far off- babypips.org reveal some truths:

Taking this stat, if I were to join the 80 percent of traders, doing what they are doing and showing on social media I would be apart of the stat.

some reasons trader's fail:

Lack of experience, knowledge and discipline

Not aware of the current market conditions

Fighting trends

No risk management

Impulsive trading

No consistency

No edge

Our mission: Cultivate & sustain profitable traders.

Our ethos: Be honest and transparent as w ... 

 ...  Read more