Posted by: joetradingplace | August 3, 2012

Thought of the day

After trading the same methods for so many years you build the confidence, and with that confidence you know that if you have a bad day and sustain losses, it is not a reflection on your abilities or the methodology, it is purely statistical that not every day will be profitable. Without that element of confidence after a bad day or even a single bad trade, a trader can lose the ability to move forward.

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