TheRealReasonStock2

It’s 90% of the problem. Now does it come down to how smart you are? Well, no, it doesn't. I can guarantee you I’m convinced that a normal person who does what I'm about to show you will run circles around a genius who doesn't do it.

Why can I say this?

Because I've seen so many geniuses fail...

I've seen so many of them just… crash & burn. And I’ve seen so many normal people become wildly successful. Just regular people that can't do anything else... but they get this.

So why do people fail?

Why should you stop chasing after tactics?

It's really simple...

Here’s a question for you:

What’s the difference between a trade that makes your brokerage account grow, gets you featured on all the podcasts, and has you bragging to your buddies at poker night, and... one that does NOT go your way and has you headed to the bar at happy hour wondering what the hell just happened?

IF YOU GUESSED:

Getting the right trade alerts. You’d be wrong.
How many courses you signed up for and video lessons you watched. You’d be wrong.
How masterminds, private social media groups, and discord channels you’re a part of (where they tell you WHAT to do but don’t show you how to do it), you’d be wrong.
How many late nights you put in or early mornings you’ve logged doing technical analysis or reading SEC Filings. You’d still be wrong.

Because as every trader who lives in the top 10% will tell you...

Which is a big reason why so many traders FAIL. Because you can’t “untrade” your last position. You can’t fake it like you can in a lot of other jobs.

And, until you learn how to focus your attention…

You’ll never stop asking yourself if you should “just quit” while your reputation and ego are still intact. And you’ll never get past the time you went “full send” on a trade with no plan and lost BIG (ask me how I know).

This isn’t easy.

When your money is on the line, the pressure is HEAVY.

I’m talking blown out adrenal glands and sleepless nights if you don’t know what you’re doing. Because everything you do as a trader depends on your ability to focus on the right things and ignore EVERYTHING ELSE.

Let me be blunt…

Without sustained focus:

Those six-figure income goals are just that. Goals.
The trading course you bought won’t get you anywhere. It’s like buying a Porsche and not being able to afford the gas.
The cash you’re shelling out for those trade alerts is just helping the guy giving the alerts go on another vacation.
The expensive as hell computer you just put on a credit card is nothing but a facade
(it doesn’t matter if you can’t focus).

Disclaimer Terms Of Service Privacy Policy

If you do not agree with any term or provision of our Terms and Conditions, you should not use our Site, Services, Content, or Information. Please be advised that your continued use of the Site, Services, Content, or Information provided shall indicate your consent and agreement to our Terms and Conditions.

Black Clover Trading LLC may publish testimonials or descriptions of past performance, but these results are NOT typical, are not indicative of future results or performance, and are not intended to be a representation, warranty, or guarantee that similar results will be obtained by you.

The experience of Black Clover Trading LLC with trading is not typical, nor is the experience of traders featured in testimonials. They are experienced traders. Becoming an experienced trader takes hard work, dedication, and a significant amount of time.

Your results may differ materially from those expressed or utilized by Black Clover Trading LLC due to a number of factors. We do not track the typical results of our past or current customers. As a provider of educational courses, we do not have access to the personal trading accounts or brokerage statements of our customers. As a result, we have no reason to believe our customers perform better or worse than traders as a whole.

Available research data suggests that most day traders are NOT profitable.

In a research paper published in 2014 titled “Do Day Traders Rationally Learn About Their Ability?”, professors from the University of California studied 3.7 billion trades from the Taiwan Stock Exchange between 1992-2006 and found that only 9.81% of day trading volume was generated by predictably profitable traders and that these predictably profitable traders constitute less than 3% of all day traders on an average day.

In a 2005 article published in the Journal of Applied Finance titled “The Profitability of Active Stock Traders” professors at the University of Oxford and the University College Dublin found that out of 1,146 brokerage accounts day trading the U.S. markets between March 8, 2000 and June 13, 2000, only 50% were profitable with an average net profit of $16,619.

In a 2003 article published in the Financial Analysts Journal titled “The Profitability of Day Traders”, professors at the University of Texas found that out of 334 brokerage accounts day trading the U.S. markets between February 1998 and October 1999, only 35% were profitable and only 14% generated profits in excess of $10,000.

The range of results in these three studies exemplify the challenge of determining a definitive success rate for day traders. At a minimum, these studies indicate that at least 50% of aspiring day traders will not be profitable. This reiterates that consistently making money trading stocks is not easy. Day Trading is a high-risk activity and can result in the loss of your entire investment. Any trade or investment is at your own risk.

Any and all information discussed is for educational and informational purposes only and should not be considered tax, legal, or investment advice. A referral to a stock or commodity is not an indication to buy or sell that stock or commodity.

This does not represent our full Disclaimer. Please read our complete disclaimer.

Citations for Disclaimer

Barber, Brad & Lee, Yong-Ill & Liu, Yu-Jane & Odean, Terrance. (2014). Do Day Traders Rationally Learn About Their Ability?. SSRN Electronic Journal. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2535636

Garvey, Ryan and Murphy, Anthony, The Profitability of Active Stock Traders. Journal of Applied Finance , Vol. 15, No. 2, Fall/Winter 2005. Available at SSRN: https://ssrn.com/abstract=908615

Douglas J. Jordan & J. David Diltz (2003) The Profitability of Day Traders, Financial Analysts Journal, 59:6, 85-94, DOI: https://www.tandfonline.com/doi/abs/10.2469/faj.v59.n6.2578