lessons

"The formula for success? It's pretty simple: double your losses. Do you think, that failure is the enemy of success. This is wrong…» (with) Thomas Watson, first president of IBM. Each trader has his own idea of ​​defeat.. For some, defeat is a failure to achieve their goal.; for others - an indispensable attribute of achieving goals. Failure is not necessarily bad.. Losses motivate some traders to put in more effort and do everything they can to succeed.. However, regarding others, defeat can only do harm. The very essence of the competitive process is arranged as follows, that someone has to fail, and fear, what could it be you, quite common in trading. Under such pressure, good traders can start to doubt their decisions, trade only in perfect health, and suffer from negative deals. It only increases their chances of being defeated..