Losses are part of trading

Yes, profits and losses are are part of trading, if there were no losses what was the whole point of trading?
 
Ima always think about losses. Without losess you can't get profit. And without work you can't get profit. But only losses motivate you to get more profit.
 
Ima always think about losses. Without losess you can't get profit. And without work you can't get profit. But only losses motivate you to get more profit.
Lack of absence of money, not loss, motivates a trader. Loss complicate emotional part of trading as depending on your trading results (very good profit or very large loss) they can start to have a sway on your decisions which is dangerous.
 
You say the right things, and losses should be taken as part of trading and not overreact to losses. I always advise you to keep a trading journal to analyze your mistakes and avoid similar situations in the future.
Yes that is a good advice
 
Definitely knowing when to take a loss is important, have the amount you want to risk in your head beforehand and stick to it. At least that way you love to fight another day
 
Lack of absence of money, not loss, motivates a trader. Loss complicate emotional part of trading as depending on your trading results (very good profit or very large loss) they can start to have a sway on your decisions which is dangerous.

But can't losses lead to a lack of absence of money??
 
Losing is a part of trading. No trader can avoid that and it does not matter how good a trader he is. Trading is a business and losing trade (money) should be counted as business expense. It is always good to keep records of every trade. It helps a trader be a better trader every day.
 
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