Treat each trade as a possible winner or a possible loser. There is absolutely no such thing as a "sure thing" in trading, Trading is a game of probability, and the goal is to make more than you lose. If you are in a strait jacket of perfectionism where everything has to work all the time, and you have to get just the bottom or just the top, and you cannot tolerate even one downtick, let alone a drawdown, then you are not suited to be a trader. Good traders know that you only get one opportunity in your life ( if you are inordinately lucky) to pick the exact bottom or the exact top of traded entity. Strive for moderation and balance, and eschew perfectionism, as it will be one of your greatest enemies.........
Read More
