Trader's attitude toward winning or losing

Discussion in 'Trading' started by zdreg, Apr 20, 2022.

If I win the game is beautiful. If I lose the game is rigged.

  1. True

    1 vote(s)
    4.8%
  2. False

    13 vote(s)
    61.9%
  3. Win or lose the game is rigged.

    7 vote(s)
    33.3%
  1. Aisone

    Aisone

    I said 'rigged', not 'unpredictable'. ;) It's actually a good thing. If it wasn't rigged and volatility was really entirely random, there would be chaos.
     
    #11     Apr 20, 2022
    murray t turtle, Math_Wiz and deaddog like this.
  2. smallfil

    smallfil

    The edge if you have it is built into your trading system. It doesn't care who has an edge or who doesn't. It is the height of folly to trade having negative expectation. All it is is simple math. Use the formula and see if you have an edge. Otherwise, you deserve to have your head handed to you.
     
    #12     Apr 20, 2022
  3. Aisone

    Aisone

    Case and point.
     
    #13     Apr 20, 2022
  4. SunTrader

    SunTrader

    Markets/price action are a form of chaos. Actually all data series.
     
    #14     Apr 20, 2022
    murray t turtle likes this.
  5. Aisone

    Aisone

    In theory, but not necessarily in practice.
     
    #15     Apr 20, 2022
  6. SunTrader

    SunTrader

    No.
     
    #16     Apr 20, 2022
  7. Riley.R

    Riley.R

    Edge can be far or near! True in every sense.
     
    #17     Apr 22, 2022
  8. In my opinion, when you win, you keep pushing yourself forward, and when you lose, you learn from your mistakes.
     
    #18     Apr 25, 2022
  9. When you win a trade, I believe the strategy you used was effective. And you keep doing the same thing in order to be successful in your future trades. However, if you lose a trade, you must change your technique or trading pattern. And instead of being demotivated, you should learn from your mistakes.
     
    #19     May 2, 2022
  10. I totally agree with you mate. Always appreciate yourself whenever you are in a winning run, also, never let yourself down even when you get losses. Learn from the mistakes, motivate yourself and try to improve your trading strategies when they don't work.
     
    #20     May 5, 2022