Quote from: ndutndut on Today at 05:49:03 PM

Quote from: Fredomago on Today at 08:25:20 AM

Yeah, if you keep those loses affects you then it will lead to experience more but if you have a good mindset knowing how to accept and how to use that kind of experience as a learning pattern in calling much better position and decision making, it will allow you to keep moving forward and anticipate that you'll be able to learn more especially in terms of protecting your assets.

Having a good mindset gives you clear vision of what you intent to happen and let you find it by yourself on how to make that successful calls to succeed inside this business/investment.

Mindset plays a very important role in achieving success in trading. Because trading is not only about mastering strategy or analysis, but also about mindset. Without a mindset, you will be trapped in the market, even when you experience losses, you will continue to trade even though trading in a hurry and without discipline will make you experience even worse losses.

You must have the right mindset so that in running your trading you do not get caught up in things that do not need to be done. So this will make you always evaluate your trading results, learn from mistakes, want to learn from experience and continue to develop trading strategies. Because by having the right mindset, you can increase your chances of success in trading and minimize the risk of loss in trading.

That is a fact for sure. The totally decisive thing between those who can subsist in trade, and those who burn out is a powerful frame of mind. Failed bets are part of the game and you will never be able to survive it with a strategy in case you feel bad when you lose. But the impotence is how you respond and what you will take out of it. Passivity and objectivity will allow you to keep your vision clear and plan more thoroughly in foreseeable future. Individuals who react to every single loss by making it personal tend to end up running after the market and making it even difficult. So, yea, mindset is not only beneficial, but it is mandatory of you want to survive in this field.