I just want to add a few words about failure. Why do people fail? This can be applied to just about anything and not trading specifically.

Why do people fail?

• The wrong environment
• They do not have a strong enough reason why.
• They do not follow the plan
• The going gets tough……..
• They are thinking in the short term
• They do not feel the pain

The importance of a reason why

• It provides clarity and focus
• It helps keep you focused
• It helps to motivate you
• It keeps you determined

Does any of this ring true? just some things to look at. The list is certainly not exhaustive