Remember the first trading lesson you learned as a newbie? Did it come from a win or a loss? A loss teaches you about the reality of the market, protects you from becoming cocky, and humbles you. When you are a beginner trader, a small loss is not a terrible thing. Losses teach you proper trading risk management strategies and techniques and respect for the market and prepare you for long-term success.
Remember the first lesson you learned as a beginner trader? Did it come from a loss or a win?
Our learning is from the loss experienced, because if we experience loss we cannot easily forget it and the next time that we face the same situation a situation that make us loss then we can make or try another strategy to avoid losing again, so for me it is our loss who make us more knowledgeable and become a better trader in the future.
It's true that basically losses will make us sad, but on the other hand, if we want to change the mindset, losses make us learn,
mourning losses without doing anything I don't think it's a wise thing,
the more experience, our knowledge also increases and that's good for sure.
You should have that kind of mentality if you want to proceed and succeed from this nature of investment, like what you said if you mourn without doing anything to improve then the next thing you will going to do is to quit and nothing will be accomplished unlike if you take that losses as learning patterns to avoid making a same mistake, then the chance of making good decision making can follow.
It's all about how you take the challenges in both winning and losing and how you will adjust to keep your investment in a favorable position.
They say sufferings are lessons,if you dont suffer loses,you will definitely not know how to strategies and invest more.in trading,the reasons why so many lose money is because they did not learn from the previous mistakes made.It is true indeed that when you make a mistake that made you loose,you will never forget that error you made,and it will surely propell you to have that zeal to make it right again,and you will definitely have an experience about how trading is,and how you can put money into trading without loosing much money.The first time I tried putting money into trading,I lost my money,and I was discouraged about trading,and wanted to quit,but I decided to switch from trading to holding,because that seemed good for me.
You wouldn't progress if you wont really be able to experience losses or unfortunate things because we know that mistakes are the best teachers for us to make ourselves better.This is why
on the time that we do experience mistakes and errors then we should be that sensible on learning up things from there. You cant learn nothing when you do win but we know that winning
or success is the result on trying out to avoid those mistakes and you do follow on what you do have learnt in the past via with those mistakes.
So its just a typical cycle to have because this is how things been done and acquire.
Yeah, a typical cycle that we need to learn how to adjust and how to analyze, if we choose to continue working in this kind of business we should always see the knowledge that will be added in our every trade executions, either you lose or you win the trade there's always an additional understanding that you'll going to gain.