Trading is exactly what people think it is, and that's why they fail

Imagine the time when you saw someone on Instagram/ Youtube make $1000 in say 15 minutes. You must have got intrigued on how this can be done. You searched some more and found some other videos like that. You thought if I could earn $1000 in 30 minutes then I would be free to do whatever I wanted. Too many people are doing this and it cannot be fake. You yourself are a smart kid. You think you can make this work. You know you can work hard and learn about it. You start searching for what exactly is needed for you to trade like that. In my case, I took a technical analysis course designed for beginners. The course seemed straight forwards- candlestick, chart patterns, indicators etc.. You saw the examples and thought that this is going to be easy. You start trading and make some quick money here and there. You use all the concepts you learned. You tried to take the best trades possible. Sometimes you make money and sometimes you lose money. You thought that you needed to learn more and invested more time and took more trades. You tried a different combination of indicators that will increase your profits. On days when you make money you feel proud and think that your hard work is paying off. On days when you make losses on the first trade, you trade too much to get into profit. Someday when the first trade gets you into losses, you thought my analysis was wrong and you must take another trade to make things right. In this process you make losses so big that when the day ends you imagine how this could ever happen. On that day you feel depressed about how you will tell others about this day. Everyone will think that you are a fool. You spend the whole night searching for the missing piece of information/knowledge/indicator that would make you profitable. Eventually, you find something that would have made you profitable the whole past two weeks. You feel relieved after finding this secret and are ready to trade tomorrow. The next morning you wake up and sit in front of the system and try to find the setup. You find the setup and take the trade. You might make money in that particular trade but eventually you will have a loss. You think there is something wrong with the trade and maybe the next setup will be profitable. In case you find a few more losses, you start thinking whether there is a problem with the strategy. You again go back to the drawing board trying to solve the market equation. You add some more indicators to your chart and filter the losses. If you do that long enough you will find a setup that is so rare that the setup will come maybe twice a month. You think, what will you do for the rest of the time? You think, you are a trader and what are you doing if you are not trading. You decide that this setup is rare and cannot fill my time. This process will go on and on. You learn price action, SMC, ICT, astrology and what not. But you are still not profitable at the end of the month. You overtrade, you don't book losses, you trade with multiple strategies, you lose capital and the recovery seems practically impossible. Eventually you will think that maybe this all was a hoax and maybe nobody is making any money.

The above section depicts what exactly is wrong with a new trader. I guess most of the traders go through this until they complete the cycle and understand the ultimate truth. The truth that takes time to sink in but when it does it will make the required changes in your mindset and might make you profitable. Your whole perspective on trading will change. You will think how could you not see this truth. This was always in front of you. The whole process will start making sense. The overtrading will stop, money management will come, you will manage risk better, you won't feel the sting when you are in loss. You understand the problem now and have the solution as well.

So what is the truth then? Its the same and has been same since the market started. Everyone who has earned money knows this truth and sees no way around it. So the truth is " Markets are uncertain". That's it. Some say "Market is supreme"," Price discounts everything" etc.. All statements points toward this single truth. Anything can happen. The market behavior is uncertain. No one knows what exactly will happen. Our human mind is not able to handle this uncertainty on a daily basis and thus try to force fit solutions. Even after telling you this truth, folks who have not gone through the complete process will not be able to understand it. The realization will take time. You will understand that the strategies will not work some of the time. You will understand that overtrading will not solve the problem. You will stick to a strategy. You will book losses when it comes. Trading will make you money in 30 minutes, every 60 hours. You have to wait out that time. You know that any trade can go into losses and what is the expected losses in a row. You will plan accordingly. When the stop losses are hit, you understand that it is the market that is not behaving properly and maybe today it is going to behave this way.

In the end, trading is exactly what you thought it was. It was about the minimum. One script, one strategy, one trade per day, 1% risk per trade. That's it.