From a poker pdf I read awhile back. I substituted a few words and you’ll see how useful these guidelines can be for traders.
- Actual winning/losing of a trade is unimportant.
- Each well executed trade, win or lose, is a victory.
- Each poorly executed trade is a defeat (even if you make money).
- Each move or action lacking discipline can eventually cost much more money than the original trade in the form of monetary/emotional loss.
