THERE ARE ONLY 4 POSSIBLE OUTCOMES IN YOUR TRADES
(no matter which holy grail method you use)
1 - Small win
2 - Small loss
3 - Big win
4 - Big loss
-> If you can eliminate outcome number 4 – Big loss, then your trading results have already taken a giant step forward.
Because the small wins will cover the small losses.
And what’s left are the big wins that can push your account into a state of extreme profit.
Therefore, don’t focus on having to win.
Focus on not taking large losses in every trade – That is the simplest way to beat the market that anyone can do.
“Not accepting losses is what causes extreme damage to both your account and your psychology.”