- I learn more from my losses than from my winners, just like in life when I'm down and out and I got nothing left to loose I come up with some great stuff which drive me out of the hole I had digged myself into.
- Losses happens in trading but I don't take it personally, it's just a decision which went wrong. Just like in life when I make a bad decision it's not the end of the world but I learn from it and move on.
- Cut your losses fast and let your winners run. In life, it relates best to relationships. There have been a lot of times when I became friends with someone and don't feel that he or she would be a good friend, I end everything and move on and develop long lasting relationships who improve the quality of my life.
- I can never master the game (trading) but I can always improve, just like in life, nobody's life is perfect but you still live and learn and try to improvise on it.
- While trading I am emotionless, I have found a system which works for me and it might not work for somebody else. In life, people need to find things they are good at, blindly following people has helped noone and copycats have never survived.
- In trading when the day starts I am never biased whether the market or a stock is going to go up or down, I simply let the charts tell me during the day of what is happening at that point of time. Similarly in life, I am not biased toward a situation or a human being, I try to explore the situation or person by myself before I make a decision.
- In trading I leave my ego at the door, I learn through out the day , I learn from each trade I make and never think I know everything cause every trade and every stock reacts differently. Similarly in life, I learn from different situations and relationships cause each one of them is different.
- In trading being discipline is the key i.e. having a game plan and executing it. Similarly in life, having a goal and having steps to achieve it is the key.
Trading has taught me all of the above, even though I might struggle in trading i.e. profits might be lacking but it has taught me much more in my life than I ever thought.
dchsn6
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