why most day traders actually blow up their accounts and it’s not what you think

been trading for a few years now and watching people come and go from this space constantly

everyone always talks about which strategy is best or what indicators to use but i think we’re missing the bigger picture here

most people who lose money aren’t losing because they picked the wrong moving average or whatever

they’re losing because they fundamentally don’t get what they’re actually trading against

like everyone treats the charts like it’s some kind of fair game where good analysis gets rewarded

but that’s not how any of this works

the market moves to where it can grab the most money from the most people

it’s going to hunt stops

it’s going to fake breakouts

it’s going to do whatever creates the most pain for retail positions

think about where most people put their stops – right below support or above resistance

guess where price loves to spike before reversing

or how many times have you seen a “perfect” setup that just gets completely wrecked right after you enter

that’s not bad luck

that’s the market doing exactly what it’s designed to do

all these concepts people talk about – wyckoff, smart money concepts, whatever – they’re all basically saying the same thing

price moves to create maximum participation before it actually goes where it wants to go

so instead of asking myself where i want to enter based on some pattern

i started asking where is this thing going to hurt the most people

where are all the amateur traders probably positioned right now

that shift in thinking changed everything for me

still use technical analysis obviously but now i’m thinking more about market structure and where liquidity is sitting

anyway curious what you all think – are most failures really about having the wrong strategy or is it more about not understanding what you’re up against

submitted by /u/ProtectionLogical564 to r/Daytrading
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