4. That the best traders are ones that embrace losses and use them to become better.
To be a good trader, i think he should not be afraid to commit mistake and always explore the possibility of finding an opportunity. Each one of us can commit mistake but we should make this mistake a lesson for us to grow.
Mistake is something that is always bound to happen to anyone who is just new to trading, as you will most definitely make some flaws, learn from it, fine tune your strategy, get better at things, and then trade without any emotions over time, as you keep making a lot from your strategy.
To be successful when it comes to trading, you have to come to terms with reality first and then see trading as a profession you need to take your time to learn and practice, as this is the only way you will be able to gain some level of confidence for the real world over time.
True! That idea of coming to terms with reality and understanding that trading is not ABC or some childs play you can just dabble into for fun or with a nonchalant attitude, will make anyone who wants to trade to realize the importance of trying as much as possible to learn so that they do not end up screwing up before they even start.
Trading can be promising and very profiting if you know how to do it right, and if you are to do right, skipping learning is one first big mistake in approaching it the wrong way.