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Old 12-04-2006, 10:21 AM
pristen pristen is offline
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Join Date: Dec 2006
Posts: 11
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Quote:
Originally Posted by pipdiddy View Post
I don't mean to come off insensitive, but losses are inevitable, so you try your best to remain emotionally detached to your trade.

A good way to shrug off losses is to prepare for them before you even trade. That way when you start losing, you're mentally prepared for it.

Losses are simply the cost of doing business or the amount of money you need to spend to make yourself available for the winning trades.

Of course, I assume you're using proper money management.
I agree. Not only are you mentally prepared for the loss, but it keeps your emotions in check so that you can have a clear head for the next trade.
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