The First Major Problem......
There is no good information online about trading successfully.
I mean none, nada, zilch, zip, zero it's like a black hole for useful information when it comes to trading successfully I have tried it all so I know.
There is a lot of info, but I said good information. Most of what you get, is put out there by marketers trying to sell stuff and they are not even successful traders. So finding some good info online is like finding a needle in a haystack.
The Second Big Problem....
Is that most traders are their own worst enemy. They jump from strategy to strategy and they don't have any trading discipline.
I gotta give them credit for trying though, I have talked to traders who have been unsuccessfully working through this for 3 years, 5 years and even 10 years. I can relate to that. And if that is you, I feel for you because I have been there.
I also want to encourage you that your labor has not been in vain and you can turn it around and trade successfully.
After many years of failing I finally stumbled upon a method that actually works. You see the key I discovered is that trading is not just one thing. It's not just entry methods, or stop loss placement or money management or even trading psychology.
It is a combination of everything combined. That is why trading is so difficult is because even though reading charts and technical analysis is relatively easy, combining all of the skill sets together is what makes trading so challenging. In addition having to combine many skills together.
The average retail trader has many other things working against them: