In trading and investing, as with any business you’re in, you want to turn a profit. When things are going great and profits are coming in, the business is thriving. When things take a turn for the worse, your winners come less frequently, and your profits become smaller.
That’s when things can get really ugly.
But just like in any business – or any part of your life, really – it is how you deal with losses that matters. Your ability to manage your losses is what truly speaks to the profitability of your trading business.
Unfortunately, many investors never learn this… because they don’t want you to learn it.
When I say “they,” I am talking about anyone who benefits when you lose money. That includes market makers, day traders, the big banks, sophisticated trading firms, or anyone on the other side of your trades.
Today, I’m going to show you the best way to deal with losses.
But to do that, you’re going to have to change your whole mindset…
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