All types of traders have different emotional responses to winning trades as well as losing trades. The mindset of a winning trend follower is much different than most. There is no excitement on a winning trade nor emotional distress on a losing trade. The reason there is no excitement on a winning trade is due to the humbleness of the winning trend follower. He or she did nothing different. They were consistent in their plan and the market moved. The reason is very simple why these small group of winning trend followers succeed. The winning trend follower has an exact plan and knows that he is playing the odds. He or she keeps their losses small…or try to do so…however there will always be gaps or limit moves against them. There is only 4 possibilities when we trade:

big losses
big wins
small losses
small wins… (more…)