Why it Happens That Many unsuccessful Traders in The Market Become Tipsters and Technical Analyst

General
2

In my personal experience, similar to how in sports some of the best coaches have never really played at the top level, some great analysts/tipsters were never good traders themselves. But note that out of every 100 tipster/analyst, there is probably 1 good one and for every 10 good there is one great analyst/tipster. 

Why? 

Everything said and done, trading requires you to be wired in a particular way. So even if you are spotting the greatest opportunities and if you are not wired right, you could still end up losing money trading. I guess when you lose money, the natural progression is to be able to do things around the subject on which you have built proficiency.

Also the odds of getting it right is much higher when your own money is not at stake. :) 

So the easiest thing for a trader who has not been able to make money is, to become a tipster/analyst or a trainer. Some of the trainers/tipsters/analyst are great at what they do. 

2 Likes
3

Perhaps they will get back their lost money in long-term :slight_smile:

4

Is it so? Never knew that!

5

i was Also thinking the Same but Hats off to you for the answer Even Sachin’s Guru was not such a great player but he was Able to Spot one

6

Lol…