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?
As the saying goes, experience is the best teacher to be better, but most of the lessons we can take are from failures and defeats because consciously we will know where our mistakes are or we will look for where the mistakes are that cause us to fail or lose in trading. It's different when we win, emotionally humans will forget what they have missed when they are in victory so they cannot detect anything but pride and joy. I personally get more valuable lessons when I experience failure because I want to fix it so it doesn't happen again in the future.
Experience is indeed the best teacher and you wont really be learning out of those success trades or something because this was the outcome on where you are trying out to achieve.
This is why its really that important that on the time you do make out some mistakes, then dont easily quit up but instead you should reassess and trying out to understand on where things become wrong.
You should really be that attentive on where you do commit out errors so that you could be able to make out some adjustments and make yourself that really
versatile for whatever things you do encounter ahead.
Experience, they say it's the best teacher, but let me tell you, not all lessons are created equal. Case in point, my attempt at making a souffle. A complete and utter catastrophe! But, did I give up? Hell no! I rolled up my sleeves, cracked my knuckles and got to work. And you know what? It took weeks, but I finally did it. I made the perfect souffle.
When life gives you lemons, you make a souffle, that's my motto. And if at first, you don't succeed, try, try and try again! It's natural to feel discouraged, but that's when you gotta dig deep and persevere. And don't forget, sometimes asking for help is a sign of strength, not weakness. So don't be shy, get the help you need and get that souffle done!
