Never allow a small loss to turn into a big ruin. Your capital is not like lottery chips. Trading is a profession, and capital is your legacy. If you consider trading as a casino, you will get the kind of results that every casino gambler gets. But if you take the market seriously, you will reach a place that many traders can’t. Consistency. Most people can’t become consistent—not because they aren’t the smartest, and not because they didn’t find the right strategy. If you’re not disciplined, the market will discipline you. But for that, you first have to survive the bad times. There are traders who operate for decades without any results, yet because of their obsession today they are millionaires. To get past this phase, you need to detach from ego. Your mind will always question whether it’s worth all the effort, whether it will really work. The trader who isn’t prepared to answer those questions to themselves will give in right at the beginning of the journey. The trader who knows exactly why they’re in the financial market doesn’t think about current results
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