How long would be able to survive in business casino, if the majority of its visitors are not lost, but won? Same on the market. In order to continue to exist, the market should act in such a way that the participants lost. Otherwise, where to get money to pay the winners, if the majority wins? Casino has certain advantages compared to the market - it can pre-set rules of the game, which will provide the owner of the mathematical advantage. The market also can not directly control how to play each individual player. Most traders - is smart, educated people. They have almost unlimited sources of information on how to trade (...;) - Remarks. Moishe ...). They are powerful computers with intelligent programs designed to win the market. Why, then, because a high percentage of traders, bearing losses?
It is well known answer is that traders can not adequately manage their emotions in order to achieve success. This is certainly true. Another less-known reason is that the market is constantly misinforming the participants. I do not want to say that the market has its own free will, or there is a conspiratorial group among insiders, set itself the aim to manipulate the market. That something is happening by itself due to the nature of the market. Market like the enemy, who kept trying to make you play badly.
It is well known answer is that traders can not adequately manage their emotions in order to achieve success. This is certainly true. Another less-known reason is that the market is constantly misinforming the participants. I do not want to say that the market has its own free will, or there is a conspiratorial group among insiders, set itself the aim to manipulate the market. That something is happening by itself due to the nature of the market. Market like the enemy, who kept trying to make you play badly.
