Kardex Trader explains why new traders fail: they try to capture entire market moves instead of taking small, high-quality trades. Retail traders aren't hedge funds. Focus on a piece of the pie, not the whole thing, and profits come from decision quality, not screen time.
Chapters
try to tell traders this, especially when you're starting out. You only need a piece of the pie. You're not going to get the whole pie. You're not a hedge fund. You're not a market maker. For you, your job is to just capture this move right here. If you capture this move, that's a win on the day, right? This all right here is setting up just for this. So much waiting and looking at the market for— maybe this might even last a few minutes. There's a few minutes of execution, right? As a new trader, as any trader, you only need a piece. Don't go for the whole pie, because what happens is you keep getting into the market trying to extract the most. You get paid off of decisions, not time. So just because you're sitting on the charts for 10 hours doesn't mean you're going to get paid for that time.