Greatest losses

At least in my case, I can state without reservation that my greatest losses have come when I have lacked mental flexibility, not when I’ve modified existing trading plans based upon a reading of supply and demand. To be fair, however, I also have to say that my greatest growth as a trader has come from sticking with trade ideas after opportunistically trading around them (as in today’s trading). It’s easier to see losses in an account statement than lost opportunities: being mentally flexible is no advantage if it ultimately takes you out of sound longer-timeframe ideas. –  Brett Steenbarger

Greatest losses

Igor Marinkovic

Electronic engineer, futures trader and property investor and total beginner in making good web sites