Trading Wisdom No. 3 – “Learn how to take care of the downside by toughening our mind!”

“Optimism means expecting the best, but confidence means knowing how to handle the worst.”

To win in forex is not knowing how to win, but how to handle the worst when the market trends unfavourably against us. Therefore, conditioning ourselves to have the right trading mentality and the tough mindset is fundamental and critical to our long term success.

As we always said, “Don’t worry about the upside as it will take care by itself; what we need to master is how to take care of the downside.” And the only way to master it is no other than going through the journey ourselves with the help of a mentor’s hindsight and the encouragement from the winner trader community.

Happy trading with peace of mind!

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