Why should trading be any different than any other organization?
Have a look at the statistics on new business start ups, the failure rate for new businesses in the first year are approximately 70%, the 5 year failure rate is roughly 90%.
In trading we're more likely to discount because of the emotions involved and the speed at which a transaction can move against youpersonally, coupled with bad money management, inconsistent trading, jumping from system to system, greed, fear, and the list just gets bigger and bigger as to why folks fail in this.