main obstacle for traders

agree. main obstacle for intelligent people.

I'd say fear, greed, and patience.

External obstacles:

- Fallacy and misinformation
- Lack of resources (funds, information)
- Distractions and excess of useless information (too much noise)

Internal obstacles:

- Psychological biases (hindsight bias, confirmation bias, etc)
- Cognitive illusion
- Ego, overconfidence, and self-delusion
- Impatience

Rocket4X - Are you still around on FF

the majority of traders are looking for whether we are above or below this.
well there are systems that don't matter where we are.

I can only speak for myself, but my biggest obstacle, once I realized that mastering this game was going to take a hell of a lot longer than I thought when I started out, was my tendency to analyze myself out of taking a trade. This ties in with what HiddenGap wrote above. Once I began focusing and acting upon the reasons for taking a trade, all of which should be staring us in the face if our methodology is sound, rather than those perceived for not taking one, a massive obstacle for me disappeared.

A wise trader once told me that " to succeed as traders, most of us have to become who we are not ", which is so true.

Without a doubt - patience. Patience means time and time means money. If no trading conditions, traders tend to trade even if there are no real trading conditions to keep the cash flow running. The market loves this and exploits us on our patience.
Cheers.

Good title for a thread this, just amazed it's received so little interest, especially seeing as for most traders, there are so many obstacles that it is difficult to list them all here. I drew attention to analysis paralysis in my comment above, something I think most traders have been guilty of at some point. Another big one, which shows up clearly here on ff if you take a look to see what people are trading is the number of pairs people trade. You see traders with five or more open positions on different pairs, when really if you know what you are doing, just one offers more than enough trade opportunities in any one day to make ( or lose ) plenty of money. For those who are not intraday traders, so leaving positions open for days or weeks, then sure, it doesn't matter how many different pairs/indecis/commodities one trades, but intraday, traders will be far better placed to make money by concentrating on just one, perhaps two pairs, getting to know how they move as each is slightly different, Spreading oneself too thinly with the hope of catching as many moves as possible on as many pairs as possible, is one of the biggest mistakes any relatively inexperienced trader can make.

Hello all
As a new trader " not 1 year trading" i spent most of my time in demo trading , only putting orders when imm full certain of what price is going , i been realizing tht my problem donst pass by the analysis or the price view ussualy im right in long term view " 4H / d" not wanting to sound coky...becouse if i was good and consient i would not be demo trading and posting here
When i do my analysis i ussualy start from the W to the 4H then i ussualy put some lines in lower tf analisys like minor swings..my problem has been the timing of enter a trade , sometimes i get "exited" and enter the trade before price comes to the lvl i wanted , ussualy becouse i dont think will go there again becouse of lower tf view, ussualy it goes to the level and im cought in the middle..dont know if im expressing my self very well but ye..thats what i been fighting for the last Days/ week
One thing that i consider that improved a bit in my head was the fact of not coming to this forum everyday
well im sure i will get there eventually but for now i have to pass some obstacles
Good trades all

I would have to say patience. The reason is because if you don't have patience for this, you do not have the discipline to demo and learn. Without patience, you force your trades instead of letting your setup happen. Without patience you do the one thing that can kill your entire account and that is mismanagement of your trades.

Understanding and having the confidence to know when price won't breach a giving price zone without a fundamental change and scalp the the life out of it

The most important thing a trader needs to learn is risk management. For me, it does not matter how good your strategy is, losses will happen but the ones that stay in this game, make sure that losses don't hurt that bad. This includes not over leveraging, letting their winning trades run, cutting losses short, being realistic with their potential earnings according to their account size. The second they can recognize these things, they can actually make a profit.

This is not investment advice and you know this takes risk but maybe, you need a good entry and exit indicator to enter and exit your trades. I know a lot of people use price action and I do too, to an extent but I swear there is nothing wrong with using indicators. I use them and it works for me. The reason why you are getting stopped out is because you are not setting your stop losses right. The ATR is a good tool for that. I can tell by your comment that we do not trade the same way and there is nothing wrong with that. I won't tell you that you are wrong. Try and listening to this. Instead of predicting where price is going, use your data to determine what price is currently doing and making decisions off of that. If you are interested on how to do that, we can have a conversation. And no, this is not no I got the golden strategy stuff, just two traders talking about how they approach trading.

Main obstacle for traders is mindset ...
Don’t analyze the market to find trades, but to develop a system. Then you trade the system, not the market ...

All obstacles have been created by us. Earlier smbd wrote that this is ironic, but I agree that our mindset and knowledge interfere the most.