Hope is a four letter word.An appropriate acronym for H.O.P.E could be ;

Having

Our

Prayers

Expected.

False hope is a great source of misery and not just in the trading arema.Prayers are always good by keeping in mind that some of Gods greatest gifts are her unanswered prayers.

Hoping is a sign that the trades has no control over this position.Traders should never be hoping and always trying to control the amount of risk at stake at all times.Always trading-never hoping should be a traders’s motto.