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Strategies & Market Trends : The Final Frontier - Online Remote Trading
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To: steve goldman who wrote (3291)3/2/1998 10:23:00 PM
From: TFF  Read Replies (1) of 12617
 
Ever notice how closely rejection and losses are? Assuming you are going to be a successful trader you better realize early on that you're going to take almost as many losses as you are wins. They key is getting over the idea that taking a lose is bad thing.Don't take losses personally.Losses don't mean your a bad trader.All top traders accept losses and move on, knowing there's another possible winning trade around the corner.

Most successful people in life deal with rejection/fear of failure in the same way. they realize that it is the price to pay for being successful.Resolve to accept you share of losses and try to keep them as small as possible. Once you stop battling your losses you can expect to improve your trading tremendously.

cut your losers and let your winners ride;)
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