Saturday, June 20, 2009

Love to Take a Loss

A good trader loves to take a loss.

Successful traders confront the possibility of being wrong, and thus, when the time comes to take a loss, he does it without hesitation.

Your losing trades do not diminish you as a person. You are not you losing trades. You are also not your winning trades either.

They are simply by-products of the business you are in.

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