RTrust Asset Management - scalp

Why do so many traders fail in the market place? "For the same reason that most baby turtles fail to reach maturity: Many are called and few are chosen. Society works by the attraction of the many. As they are called out, the good ones are left, and the others are released to go try something else until they find their calling. The same is true for other fields of pursuit. ... A losing trader can do little to transform himself into a winning trader. A losing trader is not going to want to transform himself. That's the kind of thing winning traders do. ... Win or lose, everybody gets what they want out of the market. Some people seem to like to lose, so they win by losing money." Ed Seykota, Market Wizards