Everyone is going to lose, loses are inevitable. Learning how to manage your mental during those times is one of the hardest things in trading. Learning to sit on your hands is an invaluable skill. Just make sure you never put yourself in a position to get blown out on any...
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I've honestly had a rough go at the markets the last week...Did well on the JPM puts which helped a lot but overall was not having the best trades..Got stuck in a thesis that kept teasing me back in before I was going to drop it...got hurt and it happens...(1/2)
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A lot of new traders don't understand the key to success is not making money it is learning how to keep it...Manage your risk and understand when you're not trading your best...I didn't put on any big trades most of the week because I knew I was running bad..just managed risk
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Given day and the opportunities will come...There will always be more opportunities if you didn't catch a move too. One good trade can make up for 100 bad ones. Just survive
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@BluedeerC
Awesome post!! How could I learn from you? I live in philly as well. I live in the Kensington area. I think I'm a pretty good trader but I still have so much to learn and improve on.
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@BluedeerC
Wise words.
I'm sure you full price to be able say them.
I know first hand - there is no discount to learn this.
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