When a loss is so surprising and uncalled for, it's theequivalent of slapping someone across the face. It is painful and humiliating, but it also leaves imprints that can fuel one's passion for becoming a better investor.
This week, we'd like to invite you to comment:What lessons have you extracted from bad trades?
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That's all for this week. Peace!
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- Remember, markets are cyclical and there are more than a million different strategies to make money, that all work in varying degrees simultaneously.
- If you are afraid to lose money, it is almost impossible to make money.
Keep practicing. As they say, practice makes a man / lady perfect !
Cardinal-BagHolder : Everyday the SEC smacks retail across the face by not doing its job where its needs to be done most!
Syuee : Lessons extracted from bad trades:
- Always better to lose small than big.
- Importance of patience and discipline.
- Never take a revenge on the market.
- Defining of stop loss and target.
- Remember, markets are cyclical and there are more than a million different strategies to make money, that all work in varying degrees simultaneously.
- If you are afraid to lose money, it is almost impossible to make money.
Keep practicing. As they say, practice makes a man / lady perfect !
This way, one only keeps getting better.
Keep Calm and Carry On !!
HopeAlways :
1994CM : These are actually most people shock expression in their portfolio losses and getting a psychological wakeup call for themselves
Mr Trecherous : Congratulations You Funny Bastards
@MindOverMatter@Coffee Drip
Mr Trecherous : kek
Mr Trecherous 1994CM : If your roots are strong no wind will break you
steady Pom pipi : Although we can't beat the market, we can avoid or reduce losses by doing a little homework in advance.
Revelation 6 HopeAlways : And pray for peace.
Coffee Drip Mr Trecherous :
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