First the bad news: best estimates suggest that 90% of
individuals who trade commodity futures lose money doing so. Now
for the worse news: This estimate may be too low. The sad fact is
that somewhere along the way the majority of traders make one
or more critical mistakes in their trading, which cause their
losses to exceed their winnings. The good news is that the
mistakes that cause most losing traders to fail are quite
common and readily identified. These mistakes will be detailed
in this book. The better news is that by being aware of the
potential for making these mistakes and by taking steps to
avoid them, you can make a great leap towards becoming a more
consistently profitable trader. The information contained in
this book will help you to become a more successful trader –
not necessarily by teaching you to be a “good” trader, but by
teaching you how not to be a “bad” trader.
The four biggest mistakes in futures trading or The four biggest mistakes in futures trading
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