Why Most Traders Blow Up

You are not a market psychic. You are a developing trader.

Dear Traders,

I’m writing this from Manaslu base camp at 4,800 meters. Tomorrow, I’ll be heading up to Camp 1 (approximately 5,700 meters / 18,700 feet).

In the past few days, I’ve been meticulously conditioning my body, and more importantly, my mind, before the real expedition begins.

Up here, the mountain humbles everyone, just like the stock market.

And as a trader, I can’t help but see how much it resembles the journey every beginner faces in the stock market.

• The mountain never warns you about what’s coming next.
• It has no mercy for your ego.
• Trying to climb it alone is brutally hard, but when you work alongside a team of experienced climbers, your chances of success rise dramatically.

You should never underestimate the mountain conditions, just like you should never think that you outsmart the market.

But you can prepare. You can do your due diligence, control your risk before you take the next step, and retreat back to a safe zone when things get too uncertain, both in the mountains and in the markets.

The number one reason traders blow up their accounts isn’t bad luck, or bad strategy.

It’s ego. It’s thinking they can “trust their gut” and outsmart the market.

This Wednesday, I highly recommend you join this psychology webinar by our performance coach Dr. Vanessa Charland, clinical psychologist and active trader. This special webinar is titled:

• “Stop Trusting Your Gut: You’re Not a Market Psychic, You’re a Developing Trader.”

Dr. Charland will explain why trading on gut feelings sets most traders back. Developing traders don’t need instincts. They need mechanics. Learn how a rule-based approach can save you from impulsive decisions, strengthen discipline, and build the consistency required to grow in the markets.

If you’re serious about your growth as a trader, click here to get free access to join Dr. Charland live this Wednesday at 8 PM EST.

Then next Wednesday, we will have one of our most requested Strategy Webinar:

A full breakdown of the Break of High of Day strategy, from setup to execution.

You’ll see exactly how our senior traders plan, manage, and exit these high probability breakout trades. Click here to sign up for our Strategy Webinar.

Over at Trading Terminal, we are currently offering a $50,000 funded trading program to every user, and you can reset anytime.

For beginners and developing traders, this funded trading program lets you trade under real psychological pressure without risking your own money. If you can prove consistent profitability, you will keep 100% of your trading profits too. See these results of traders who received 5-figure payouts from me.

We’re also close to launching Market Atlas, our own Level 2 + order flow visualization tool, a better version of Bookmap, built from the ground up by our team.

It’s coming soon, and everyone who signs up now will be locked into the $59/month rate forever, even as prices go up to cover the new data feeds and server costs. Click the button below to sign up for a $50,000 funded account with Trading Terminal.

The mountain has taught me this over and over again:

Discipline keeps you alive. Ego gets you killed. Community makes you stronger.

Same in climbing. Same in trading.

See you in the chatroom (and from Camp 1 soon),
Andrew