If you personalize losses, you can’t trade.This quote is attributed to famous hedge fund manager Bruce Kovner. The basic idea is that losses are a reality of the market; and arguably, they’re also an important part of it since they provide valuable information and opportunities for growth and learning. Hence, if you become too attached
My goal here at Trading Composure is to help show people what trading is all about – it’s not just about trading systems, analysis, and risk management. There’s also a mindset component to it all that too many people ignore. And because they ignore it, they never really get to a point where they can
It’s not the market that throws us lemons, it’s what we do with them. Keep this in the back of your mind…