Mastering trading is mastering yourself:
Discipline over impulse.
Patience over haste.
Knowledge over guesswork.
The market rewards those who respect its rules and learn from its lessons.
Losses aren’t a problem.
Large losses are a problem.
Unplanned losses are a problem.
Losses that are caused by emotional trading are a problem.
Avoidable losses are a problem.
Each trade is a fresh roll of the dice, independent from the last. The skill of a trader lies in understanding the game, not controlling the outcome of a single roll.
Knowledge gives you power in trading, but understanding yourself gives you self-control. Knowing the market and understanding your strengths and weaknesses is a path to success.