Give a Room for Failure
The market is always teaching you something. Sometimes the market will teaching you how to completely revamp the things that you do when you are self destructing.
There is always room for a positive outcome even if the cost was a little higher than you wanted to pay. If you have been working on viewing strategies and the results from those strategies as information to either help you grow or learn, you’re halfway there.
When a trading plan doesn’t come to the way that you hoped, instead of beating your ego into a water, give consideration to how the plan could be improved.. There is nothing in that attitude that would suggest any type of failure, but there is a lot there that suggests that learning is just as important as winning sometimes.
Don’t be a victim of the market, a setback would be the perfect opportunity but since the market is not really able to victimize you because it is not a thinking and feeling property, you would really only be victimizing yourself. If you can stand still in the market, that would mean that you took it upon yourselves to setback as a blessing and move forward.
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