Everyone should remember this :
Losing a trade is okay.
But losing a trade by breaking your rules is not okay. Never break your rules.
You are losing too many trades because of one of the two things.
- You don’t have a trading plan.
- You have a trading plan but you are not sticking to it.
Yes, you heard it right - losing is just part of the game.
In fact, they say trading is a game where the “best losers” win.
But you should care about how you lost.
See, losing because the market didn’t go your way? Totally fine.
But losing because you threw your rules out of the window? Unacceptable.
Your trading rules are like your north star - they keep you on track and guide you through the ups and downs of the market.
- Never, ever break your rules.
- Stick to your plan.
- Stay disciplined and stay consistent.
Because only the people who learn to do these things consistently ever see long term success in trading.
So plan your trades and trade your plan.
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