Why do a very few number of people succeed in trading along with consistent profits?

<p id="isPasted">Only a handful of individuals manage to achieve success in trading with consistent profits due to a combination of key factors. These successful traders invest time in learning the nuances of trading, understanding how the market functions, and making informed decisions. They exhibit patience by adhering to their trading strategies and avoiding hasty choices. Moreover, they prioritize risk management, ensuring that potential losses are limited through measures like setting protective orders.</p><p>A continuous thirst for knowledge is characteristic of these traders. They learn not just from their own successes and mistakes but also from the experiences of others. Realistic expectations guide their journey, as they understand that trading success takes time and effort, eschewing the allure of quick gains. Their focus extends to the long term, emphasizing consistent profit over immediate returns.</p>