Remember the first lesson you learned as a beginner trader? Did it come from a loss or a win?
The loss gives me more experience than win, starting with a win in every investment there is 98% of falling. Loss can be more painful but also give me resilience and perseverance, loss also shows more opportunities and expose me to the business. Lossing in a business to me is not a setback but gives more knowledge and experience of the business, losing sometimes comes as a blessing.
One should remember that at start he will make lots of mistakes and he will overcome these mistakes through getting knowledge. At start I did not have patience and because of this behavior I lost money at the start but now I am familiar with all the things related to trading and investment.
Patience is most important and it's the number one factor in anything you are going to do, sometimes people due give up at the last point which they don't know is the final step to success. Every investment encounter loss but what makes them keep moving is patience. It is not good to give up easily because failure gives so many things it shows you the area of concentration where the mistake is made, failure teaches a lot and gives you confidence while winning or gain gives complacency.
In part here everyone gives very good messages about what they think, firstly in these cases what I do is:
1.-I operate with 3 trades.
2.-If I lose 1, I must recover with the 2nd trade.
3.- If I lose the 2nd trade, I must recover with the 3rd trader.
Talking about losing in this aspect what if the money I had is very little, there are lots of lessons we learn from losses but we can not depend on that if not we will end up losing our money. Know about what investment you are about to do. Anyone that is operating 3 three must be an expert, I don't advise Newbies to buy this law because they will lose everything