We can control:
How much we risk per trade.
How big a position size we take.
What time frame we trade.
What market we trade.
Our style of trading.
Whether we stick with our trading plan or go off of it.
If we honor our stop losses and trailing stops.
How we react to a winning or losing trade.We can not control:
Whip saws when the trend reverses on us. Gaps in opening prices both up and down. Headline risk. Natural disasters. Whether a trend continues or reverses the moment we open a position. Whether any individual trade wins or loses. How many winning or losing trades we have in a row.