Trader ~ Don’t be afraid to be a sheep . . .

Very successful traders generally have more losing trades than winning trades. It’s just that they don’t have any hang-ups about admitting they’re wrong, and have the ability to close out losing positions quickly. Program your mind to accept many small losses. Program your mind to “sit still” for a few large gains.

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Posted on September 20, 2010, in Psychology, Strategies, Trader and tagged . Bookmark the permalink. Leave a comment.

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