Losing money in market is terrible. Yes, it is. But it depends on how you look at it. Truly everything is in the mind and how we perceive things around us. Many will remorse over the loss of money but now I am telling you that losing money in market may not seems that bad if you keep the following thumb of rules in your mind. Hammer it down to your brain if needed. It works.
Do you question why do we lose money in the market? I do and I do it very often. It kind of polishing of one’s trading skills. You lose money because you are doing the wrong thing in the market. It is the automatic feedback system to tell you that you are wrong. It is saying that if you keep doing this, you would lose more. It is shouting at you to stop.
We human are creatures of habits. The pain that losses incurred to our wallet and our emotion is the natural defense mechanism to prevent bad habits from building up in us. We need to listen to it. We should check to see if the trading habits that are forming are good for us in the long term. Success is the journey. There is no point in making a million today and losses two tomorrow. It is better to gain good habits that will guide us as lamp to our feet in our journey rather than money gained with bad habits forming.
How many of us are seeing that losing money is a "loss"? Why can’t we view it as an investment? It is an investment for the knowledge and wisdom that we gained in our journey to be a successful trader or investor. Truly it is an investment if we learned from it. Life is a journey. Losses and failures are not the end. It is just a milestone towards the destination. If we learn, we will be reaping the benefits of the craft.
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