Archives of “January 17, 2019” day

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Learn To Lose

  
  Education
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LEARN TO LOSEUnfortunately, it is the sad reality that the majority of people reading this are not profitable traders. If I could single out the most common culprit for sabotaging your trading it would have to be not being able to take a loss. This is especially prevalent amongst new traders, but I’ve seen this single trading mistake cripple even more experienced traders. In fact, I’ve run across countless traders that are generally successful if not for a few outsized losses. The problem is that these outsized losses are what cripple your account and push you into the negative column. You will never be a successful trader, EVER, until you learn how to take a loss.

16 Goals

  
Analysis, Education
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Kansas State University’s Bill Snyder’s 16 goals:
Commitment–to common goals and to being successful
Unselfishness–there is no “I” in team.
Unity–Come together as never before.
Improve–everyday…as a player, person, and student
Be tough–mentally and physically.
Self Discipline–do it right, and don’t accept less.
Great Effort
Enthusiasm
Eliminate Mistakes–don’t beat yourself.
Never Give Up
Don’t Accept Losing–if you do so one time, it will be easy to do so for the rest of your life.
No Self-Limitations–expect more of yourself.
Expect to Win–and truly believe we will.
Consistency–your very, very best every time.
Leadership–everyone can set the example.
Responsibility–you are responsible for your own performance.

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