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10 Trading Lessons

  1. Trading affects psychology as much as psychology affects trading.
  2. Emotional disruption is present even among the most successful traders.
  3. Winning disrupts the trader’s emotions as much as losing.
  4. Size kills.
  5. Training is the path to expertise.
  6. Successful traders possess rich mental maps.
  7. Markets change.
  8. Even the best traders have periods of drawdown.
  9. The market you’re in counts as much toward performance as your trading method.
  10. Execution and trade management count.
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