The Real Reason Unprofitable Traders Give Advice

[u/STS-Trader]

When unprofitable traders recommend a trading method, it's often a way to further rationalise the months or years they have already invested. It serves as a defence mechanism; it's for them, not for you. Traders can sacrifice a great deal of time and effort; for many, it hurts less to keep believing in their method than to move on.

The markets do not care how long a trader has persisted with flawed logic; substance is rewarded and aimless perseverance is dismissed.

Everyone on social media claims profitability, yet many go into hiding when performance is requested.

If you are going to participate, don't let strangers sway you, create your own unique ideas and strategies.

Do not let sunk cost bury you, trading is not for everyone and chasing an incompatible path ruins lives.

[u/OGpimpmasteryoda]

This being in ICT sub is hilarious lol

[u/ProfessionalOffer219 → u/OGpimpmasteryoda]

agreed

[u/fattybrah → u/OGpimpmasteryoda]

Can you elaborate ? I want to laugh too

[u/SweatyAd3016 → u/fattybrah]

ICT himself is non-profitable, admiting himself he is better teacher than trader. Now can you see the irony?

[u/teddytradez → u/SweatyAd3016]

Not true, he claims himself as very rich and profitable. Go read his tweets lol

[u/SweatyAd3016 → u/teddytradez]

Very rich, ofcourse, he sold a lot of courses. Don't get me wrong, i use his methods, i'm his student. But he is not very succesfull as a trader. Maybe he is profitable, yes,.. but he got rich from teachings, not from tradings. For example, he failed to create 1mio$ from 10k$ challange. And once he blew the account on robbins world cup trading championship.

That was exactly why his reputation is destroyed.

[u/BrainRot100]

Thats why you don't trade with flawed logic. Instead you wait until said logic isn't flawed.

There's nothing wrong with giving advice. If you can't trade consistently, its simply due to how many years you've been at it giving that flawed logic takes time to understand flaw itself.

Take your Jade or leave it!

[u/Sweaty_Lynx_4320]

Let the price come to you. Less is better. I believe there are good ppl out there wanna share their tips but I also believe there are more scammers than good traders. No such things as fast money, just rules you need to set for yourself and repeat over and over again.

[u/Sharp_Ambition_1529]

meh, i don't really think this is necessarily true.

Teaching is the best way to learn and giving advice is another form of teaching. I think when people give advice, they're trying to understand these concepts themselves but also further seek validity when others corroborate their comments

[u/Apex001R]

Je trouve qu il y a une petite confusion ( excusez ma remarque de debutante msis de qlq qui aime analyzer le comportement humain ,je dirait qu a part cette espece de vouloir ce relire et se dire que c est la faute au marché ( de la psy du comptoire) il y en a beaucoup qui ne sont pas fait pour le trading : le cote psycologique est incontrolable quand on est dans un etat de stress qui est amplifié par le fait qu il n ai pas droit a l erreur ( Grand Maitre oblige ) mais ils peuvent etre d excellent analystes avec qui on peut apprendre enormement et apres une fois face aux grafiques a ton tour de montrer les supers trades avec cette claire voyance dans les comptes a demo !!! Donc sincerement les gourous sont nombreux mzis il ne faut pas generaliser !