Quote from: Mpamaegbu on Today at 09:00:48 AM

Quote from: lalabotax on April 14, 2023, 09:59:08 PM

It is alright.
It is normal
Moreover to lose and then to learn from the experiences that have big lessons about losing. This is because we need certain experiences to make us aware of what we are going to do.

The "No pains, no gains" ideology exemplifies this. Those who go to gyms will easily relate to it. The lesson from losses shouldn't be lost on traders. It should serve as bumps for sobre reflection and not as discouragement. Set backs and failures are necessary ingredients for greater heights, depending on how they're handled.

" It's alright to lose and learn" - I don't think it's alright and I would like to learn without loss, but it seems that this is impossible and almost everyone goes through this unpleasant path

It is better, of course, to learn from the mistakes of others, but to be honest, then your own mistakes will do for this.

I see that OP chose his own.

A negative experience is also an experience. The main thing is how to perceive it: the difficulty, the overcoming of which will elevate you. No goal can be achieved without losses and mistakes, which are constant companions.

You correctly noted that there should be an impetus for reflection. It is important. It is always necessary to analyze actions that led to mistakes and losses in order to prevent repetition. I agree that it's good to learn from mistakes, but it shouldn't go on forever, especially in investing. Otherwise, you can remain a beggar.