Education

Why 90% of Traders Fail (And the Surprisingly Simple Fix)

The four habits that destroy retail trading accounts, and the single discipline that fixes all of them.

John AllisonApril 2, 20266 min read
Why 90% of Traders Fail (And the Surprisingly Simple Fix)
## The 90% Statistic 70-90% of retail traders lose money. The reasons are remarkably consistent. ### The four killers 1. No plan: Trading vibes, not setups 2. No risk rules: Position sizes that vary with mood 3. Revenge trading: Doubling down after a loss 4. Inconsistent execution ### The single fix A written, pre-trade checklist. Five YES answers required: 1. Is this setup in my playbook? 2. Is risk locked at 1% or less? 3. Is my stop based on chart structure? 4. Am I trading my plan, not my last result? 5. Would I be okay if this trade lost? If any answer is NO, skip the trade. [Pricing](/#pricing).