Most people think trading is about finding winners. It isn’t. It’s about controlling losses.
Anyone can hold a green position. Very few can cut a red one without freezing or revenge trading. Losses aren’t the enemy unmanaged losses are.
Once I stopped trying to avoid losing and started planning for it, everything changed. Risk became measurable. Emotions became quieter and decisions became repeatable.
If you don’t know exactly how much you’re willing to lose before you enter, you’re not trading you’re hoping and gambling.
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Most people think trading is about finding winners. It isn’t. It’s about controlling losses.
Anyone can hold a green position. Very few can cut a red one without freezing or revenge trading. Losses aren’t the enemy unmanaged losses are.
Once I stopped trying to avoid losing and started planning for it, everything changed. Risk became measurable. Emotions became quieter and decisions became repeatable.
If you don’t know exactly how much you’re willing to lose before you enter, you’re not trading you’re hoping and gambling.