Loss is painful, guilt can be devastating. Worse than losing one's dream is the knowledge that the loss was self-inflicted.
Problems are solutions that have outlived their usefulness. Problems are pattern that were learned in emotional circumstances during one period of life and that now have taken an existence of their own.
Many times, outdated solutions replay themselves in a variety of life situations, leaving people mindlessly repeating their mistakes in work, love, and trading.
There can be no free will for people who are locked into patterns developed for past challenges.
Successful traders are therapists both learn to do what comes unnaturally.
The resolution to problems can be found in what people are doing when those problems are not occurring.
The problem with many traders is not that they have problems, but that they are focused on their problems. It is this problem focus that prevents them from appreciating what they are doing right, that blinds them to solutions already under way.
Do not increase your position size after a series of successful/losing trades.
You have to be consistent in preparation by active rehearsals of what-if scenarios.
You should not hold on to a losing trade and do not let your winners turns into a losing trade.
Always look at the big picture don't give meaning to a tick by tick moves.
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