Words to live by.

"The first loss is the best loss."

Most people loss money in the markets because they depend upon emotion and get caught up in it. The most successful traders are like robots, operating in an orderly fashion. A winning trade or losing trade both have the same reaction.

Few understand this. Imagine Babe Ruth gets emotionally tied up each time he struck out.

Ironic that our natural emotions cause us to want to sell the winners early and hold onto the losers.

Posted Using LeoFinance