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Why do 95% of traders fail, while only 5% succeed—even though everyone has access to the same charts, indicators, and information? In this video, professional trader Tom Hougaard explains the uncomfortable truth about trading success. The difference between losing traders and profitable traders is not intelligence, capital, or strategy. It is mindset, emotional control, and the ability to sit with discomfort. Most traders fail because they: Crave certainty in an uncertain market Avoid emotional pain and losses Overcomplicate trading with indicators and opinions Obsess over daily profit and loss Consume too much information and lose clarity The 5% of traders succeed because they do the opposite. In this video, you will learn: Why uncertainty is not a problem, but the price of opportunity How the instant feedback loop in trading destroys emotional discipline Why simple trading systems feel harder than complex ones Why focusing on process matters more than profits How patience and waiting are professional trading skills Why trading success is boring, repetitive, and uncomfortable Trading in the Zone 👇Order Your Book. https://amzn.to/4a8On2J Markets don’t move because of indicators. They move because of human behavior. Market Legends is an audio-focused channel dedicated to the psychology, mindset, and timeless wisdom of legendary traders who understood the market long before modern hype existed. Each episode explores one core psychological lesson — fear, discipline, patience, loss, risk, or consistency — inspired by the teachings and experiences of legendary market figures such as Jesse Livermore, Richard Wyckoff, Mark Douglas, Ed Seykota, and others. This is not a strategy channel. There are no indicators, setups, or buy/sell signals. Instead, Market Legends focuses on: Trading psychology and emotional discipline How professional traders think during losses Why fear and hesitation destroy consistency How market behavior reflects human behavior Timeless lessons that apply across all markets and eras These episodes are designed to be listened to, not watched — calm, reflective, and free from distraction. 🎧 Best experienced with headphones. 📌 ABOUT MARKET LEGENDS Market Legends explores the mental side of trading — the part most traders ignore, but legends mastered. No hype. No shortcuts. Only the lessons the market teaches over time. ⚠️ DISCLAIMER This content is for educational and psychological insight only. It is not financial advice. The episodes are narrative interpretations inspired by historical traders and their philosophies.