Why Traders Fail: The Pareto Principle
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Why Traders Fail: The Pareto Principle
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About this listen
This episode explores my theory and ideas around the high failure rate in trading. I don't believe traders fail just because of the technical reasons. They say 90% of traders fail at trading, but is this because trading is extremely difficult, or is it because only certain types of people have the right attitude and dedication towards their craft?
Zen & The Art of Trading:
- Courses & Free Content!
Episode Links & Resources:
- Original Blog Article
- Jordan Peterson's Pareto Lecture
- Dean Yeong's Pareto Article
- Quora Examples of Pareto in Nature
- Jordan Peterson's Lecture on Setting Meaningful Goals
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