Kardec TraderFutures Trader. Creator of The Midas Touch. Mentor

The REASON 99% Of Traders FAIL🚨

17 Oct 2026 · 0 min

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0:22

In this segment, the speaker identifies the primary cause of widespread trader losses: the tendency to try to predict market moves before they happen and become overly attached to a preconceived narrative. This attachment prevents traders from adjusting their stance when the market behaves differently. The speaker illustrates this with a personal example of holding a long position during an aggressive sell‑off, emphasizing the need to be ready to flip the bias (e.g., look for short opportunities) and avoid "marrying" a position. The core message is to stay flexible, let go of fixed narratives, and adapt quickly to market reality.

This is the main reason why a lot of traders lose money. They try to anticipate what the market is doing before the market does it, and they get so attached to their narrative that they are not willing to change. As I told you, my narrative was long from the beginning. The market did an aggressive sell-off. I was ready to change my narrative and say, from this moment, if it breaks, I start to search for shorts. I'm not marrying my position. I don't care.