Tuesday, March 10, 2015

willingness to lose....

: t harv eker's rule that "comfort zone=wealth zone" applies to trading.....self talk

: it requires more guts to win than to lose.....self talk

: come to trading not just the money to trade but also some to lose....self talk

: come to trading with not just the money to trade but also some to lose....self talk

: if u don't bring some money to lose, u lose all in the casino and win nothing.....

: a bait is a must to catch the fish.......no bait, no fish.....and u got to have some guts to lose the bait occasionally.....otherwise remember that fish also have some brain

: u have to be more than half mad to be a big success in anything.....self talk

: to be extraordinary, u have to be, do, give that "extra"

Guru Mysore: Losing small bait many times makes to wonder is it a bait or good fat dinner to operators 😁

: If one is not willing to tolerate loss then winning is a suicidal endeavour....that is what I mean by bait, or amount to loose

Guru Mysore: I got it ji...jus joking around

: o ic....its ok then......otherwise, i usually get chhoooo when i or anyone is reluctant to lose.....to be willing to loose (ofcourse, intelligently) is the first sign of deserved profit

: afterall, any money you lower in the market has to be left alone for whatever period it is there in the market......and for all that time, it is closer to others than you......it is potentially lost....it is unsafe....so, if u r not mentally prepared to lose the money u have already betted by entering the trade, u will be nervous and so fearful that u will snatch it back, take it out at the slightest of noise....this is a big disadvantage in trading....nobody can think of making big money this way in trading....and not making money consistently in trading is akin to failure.....therefore, IMO, willingness to loose (intelligently and incidentally) is a very important essential quality an aspiring trader must have

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