Post
Topic
Board Trading Discussion
Re: You Learn More from Losses than from Wins
by
jeraldskie11
on 12/04/2023, 02:12:49 UTC
Remember the first trading lesson you learned as a newbie? Did it come from a win or a loss? A loss teaches you about the reality of the market, protects you from becoming cocky, and humbles you. When you are a beginner trader, a small loss is not a terrible thing. Losses teach you proper trading risk management strategies and techniques and respect for the market and prepare you for long-term success.

Remember the first lesson you learned as a beginner trader? Did it come from a loss or a win?
Our learning is from the loss experienced, because if we experience loss we cannot easily forget it and the next time that we face the same situation a situation that make us loss then we can make or try another strategy to avoid losing again, so for me it is our loss who make us more knowledgeable and become a better trader in the future.
Honestly, I thought that every time I lose in trading I have to find a new strategy. Which is wrong, because it is normal to lose in trading. Most people usually think in this way; "this strategy won't work for me, so I have to find a different one". But in reality he hasn't used that strategy as much. That's why in the end they will say that all strat is not working because they experience losses. They didn't know that all strat is working but not 100%.
Sometimes all you have to do is to learn from your mistakes with one strategy to be a successful trader.