Thursday, August 20, 2009

Licking my wounds

I learn more from my losing trades than the ones that I win.

In the case of my previous losses, it wasn't due to lack of knowledge. I was able to analyze my trades and pinpoint where I did wrong.

The problem was my psychology - I was trying to "force" the market to give what I want, rather than what the market could realistically offer me.

Time to move on to the next trade.

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