…good attitute, huh?
Many traders lose, not because they “dont have the right software”, or because “the market was terrible”, they lose because they screwed up.
When money is on the line, the powers of our own mind become mind boggling. The proof: so many trader do well when trading on paper, and lose when trading with real money.
Its the pressure that gets to them.
It is of utmost importance to keep a good mental attitude when trading.
This doesnt mean, we have to hide our head in the sand, or ignore the risks of trading, but we must try our best not get into a depressed mood or a defeatist attitude. If we do, losses will surely follow.