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The Well Planned Trade
It's not whether you win or lose but how you play the game. This old adage is especially relevant to trading. Many novice traders assume that winning is the only thing that matters, but what they soon find out is that profiting over the long-term requires discipline and trading well developed trading plans. Sure, you can capitalize on chance and make a few winning trades here and there, but you can only win in the long run by developing a trading plan and following it. |
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Ditto. Some very good points, well presented. Especially those highlighting the psychological & discipline measures!