The biggest challenge that most traders face is a lack of clear direction
in their trading. There are literally thousands of trading strategies out there to choose from, but very few have been proven, with an actual track record, to show consistent long term profitability and success.
This overload of information more often then not leads new traders to bounce from strategy to strategy hoping to find some form of success. Anytime they suffer a loss, they move right on to the next strategy. Sound familiar?
The truth is, no matter what strategy an untrained trader uses, they will lose. Until they actually put in the time to master some of the most key trading principles, traders will always have cracks in their foundation that will get exposed time and time again, and bring their trading accounts tumbling down!