95 % Traders :
- Complain
- Feel depressed
- Revenge trade
- Can't deal with their own discomforts, so they spill it on others.
5 % Traders :
- Accept losses with grace
- Investigate the cause
- Open to lessons
- Understand probabilities
- Vow to focus on following their plan.
Trader's life cycle -
#1 Newbie : Only Strategy.
#2 Wounded Trader : Strategy and Risk-management.
#3 option Trader : Strategy, Risk-management and Psychology.
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