Education
Why 90% of Traders Fail (And the Surprisingly Simple Fix)
The four habits that destroy retail trading accounts, and the single discipline that fixes all of them.
John AllisonApril 2, 20266 min read

## The 90% Statistic
70-90% of retail traders lose money. The reasons are remarkably consistent.
### The four killers
1. No plan: Trading vibes, not setups
2. No risk rules: Position sizes that vary with mood
3. Revenge trading: Doubling down after a loss
4. Inconsistent execution
### The single fix
A written, pre-trade checklist. Five YES answers required:
1. Is this setup in my playbook?
2. Is risk locked at 1% or less?
3. Is my stop based on chart structure?
4. Am I trading my plan, not my last result?
5. Would I be okay if this trade lost?
If any answer is NO, skip the trade.
[Pricing](/#pricing).