”You must have the ability to ntake responsibility for all of your own trades, and not look at the market as the reason for your loss.It simply is not worth it to get angry with the market….Instead, these traders learned the key to reducing losses and getting on the road to profits is to constantly analyze the trades one makes, and then learn from the mistakes.
Controlling your emotions is key because you cannot win every trade. Successful traders know that they will lose some of the time. By having a risk management/trading plan they can avoid major losses and enjoy their profits.
Take note of this quote! It makes a valuable point!