Master this and you will master trading #205
Listen now
Description
A trader who can truly accept losses has a much higher chance of making it. Traders who cannot take and/or accept losses will trade in a constant state of fear. They will doubt their system and trade emotionally all the time. In this podcast, I share why it is so important that you as a trader fully accept losses as something normal that should not (and cannot) be fought.   Do you want to get more trading tips and insights from me? Then take a look at my weekly trading newsletter which I am sending out every Thursday: ► https://tradeciety.com/newsletter   ################ Our premium trading offers:   Edgewonk trading journal: ► https://www.edgewonk.com  *** use discount code: tradeciety ***   Our new mentoring program for traders: ► https://tradeciety.com/elite    My trading course bundle: ► https://ultimatepriceaction.com/   ################ ► Risk Disclaimer: https://www.tradeciety.com/risk-disclaimer/  Disclaimer: The experience reports and comments constitute the personal experiences of our users. These are individual results that do not permit conclusions to be drawn about future developments. In particular, we make no claim that these are typical results that can be achieved by our users on a regular basis. Tradeciety can neither predict nor guarantee the occurrence of certain developments or the achievement of profits, nor will it do so. Results may not be typical and may vary from person to person. There are inherent risks involved with investing and trading, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk.
More Episodes
In this episode of the Traders Improved Podcast, we tackle a question many traders face: When does a trading strategy lose its edge, and what can you do when it does? With markets constantly changing—from economic crashes to normal daily volatility swings—staying profitable requires adaptability....
Published 11/12/24
In this episode of Traders Improved, we explore how traders can distinguish between "good losses" and "dumb losses," adopt a process-focused mindset, and reduce unnecessary risks. We learn actionable strategies for evaluating trades, setting realistic goals, and limiting external influences to...
Published 11/06/24