Accept The Loss And Take Responsibility

Discussion in 'General Trading Discussion' started by Benigna Mazzi, Apr 28, 2021.

  1. Benigna Mazzi

    Benigna Mazzi Senior Investor

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    It's good to accept the loss and take responsibility for the mistake. Many traders hesitate to accept it and blame the market. If a trader makes a profit, it's because of his expertise, but if he makes a loss, the market has no part of it. Maintain a trading journal is the best way to keep a record of your loss and learned from it. Most brokers like Eurotrader offers electronic journal which is easy to use.
     

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