Rules of trading are opposite to rules of life

 

1. In life you protect your ego; in trading you protect your capital.
2. In life persistence pays; in trading persistence in a wrong position destroys.
3. In life more effort brings reward; in trading more effort brings overtrading.
4. In life big risks bring big success; in trading big risks bring ruin.
5. In life experience makes you wiser; in trading experience can make you biased.
6. In life you plan and predict; in trading you react and adapt.
7. In life emotions make you human; in trading emotions make you vulnerable.
8. In life control is power; in trading surrender to uncertainty is power.
9. In life reputation matters; in trading only results matter.
10. In life you seek to be right; in trading you seek to stay solvent.
11. In life hustlers win. In trading lazy win.