Podcast Episode 04: The primary reason cited for the failure of 90% of traders is the neglect of proper money management and risk management principles. This manifests in several ways, including chasing quick profits, using excessive leverage without understanding the associated risks, making emotional trading decisions, overtrading, and ignoring the mathematical discipline required for long-term survival. The podcast emphasises that while the allure of rapid gains is strong, a lack of focus on protecting capital ultimately leads to account depletion.