HATEtheRisk, I am printing what you've just elegantly said. This is a very encouraging and motivating thing to read, spacially after any future loss as it is expected. I need to reach a stage where I keep them thin, so that my account always stays healthy.
Why so? Every loss is a part of trading and as long as u know that in long term you are profitable there is no need to hate the loss. Oh really? There is no such thing as being right on every trade. You can only be right in majority of trades but never on every single trade. I guess you still havent realized that everything in trading is only a probability!! Noone can be always right on every trade even if they do everything as they should have. I hope this much is clear...
I agree with the 2nd point but just because losses are a fact of life in trading doesn't mean I have to like them. I hate them too. Just as a professional sports team hates a loss, or even points scored against them, even if they are on the way to the championship.
greetings nnfx, well i just posted my opinion, you dont must like it. ok. do how you feel. thats just my opinion. Yes i hate my losses, thats why i dont want to make any. I dont know why ??? But, i just feel better with winning money, than lossing ??? Maybe its just me who feels so !! Its strange anyway... Oh yes Mister, there is such an thing as being right on every trade, so long, you dont make any mistake. Oh yes, that is really there. Yes it is about probability, but not only, also importang in trademanagment to make no losses. You may not hit always your expected target, but for sure, you can bet on it that you dont make a loss and be in profits.... Thats the difference.... For that you need a high win rate, so high how possible. To create that you must be very conservative in your decisions !!! But thats just my opinion. You, of course, and everyone else, can have an different opinion... Best Regards and Have a NIce weekend...
Offcourse there is no such thing as being right on every trade. No offense, but saying that u can win every trade as long as u dont make mistake shows that u dont really understand how markets work. There are too many hidden variables to be included so thinking that u can be right on every trade is childish and immature. Hating the losses on the other hand is natural offcourse and we all hate them, but those that hate them the least and accept them as normal part of trading have definitelly come closer to consistency. Trading is a game of probability. Nothing is certain so losses must occur.
Most people walking this earth can only dream about a 100% win rate, but it is certainly possible for a select few. There is however still hope for those who can not achieve such a result, as one can can still get ahead with a win rate far below 50% provided that the winners outsize the losers. It is usually not easy though, as most people tend to cut their profits short and let their losers run, when it should be the other way around. Since trading is so boring, most people tend to lower their winrate by reckless gambling instead of increasing it by cleverly using the tools called patience and discipline.
LOL. Oh, boy, i think you are the one, who is childish !!! You still think that your opinion must be count for all people !!! Please grow up !!! OK !!! There are thousands of views of trading and thousands of ways to make money !!! Once, again, i just told you how it is FOR ME !!! OK !!! If you dont like it, JUST SHUT THE FUCK UP !!! I think i have made more trades in my life than you and i make more winners than lossers, and i only lose when i make a mistake... WHY ??? WTF, because i dont trade to make a loss !!! You may not believe it, boy, BUT i trade to WIN !!! WOW, incredible, he trades to win !!! Why does he it ??? Its just for the feeling, you know !!! the feeling !!! Besides, that being childish and feeling immature, is a good thing --- especially the older you get !!! IMO PEACE P.S. Dont pull your sh$t to all the other peoples. Everyone is different ! You should feel good about being different and something special !!!
YES, there are many variables in the price !!! Thats the reason why trading is so hard to learn !!! Once you have learned it, its kindergarden easy !!! If you lose too often on your trades, you are not working hard enough !!! Then you are not to conservative in your decision process !!! How, i told u before, i accepted my losses as part of the business a long time ago. AND i still hate them !!! Thats why i fight against my lazy side, to be disciplined and to not make any loss or so few and small how possible !!! Trading is certain, so certain that i am a pro and you not. So certain that i have so much more money than you, and i made it all in my trading !!! Only winners must occur !!! You can never win, with such an attitude !!! Losing is part of the game, but you must HATE it like the FIRE OF HELL, or YOU NEVER LOST ENOUGH, to really NOW what THIS MEANS !!! You funny clown. Think abaout it !!! I wish you the best and good trading !!!