Why Traders Fail: The Pareto Principle
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Description
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?
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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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