Don't you pay for food, electricity, taxes. Don't you run your company with expenses and costs? Don't you spend every now and then on a vacation, time away and even unpaid leave?
This is life and it should be NO different with trading.
Trading losses are nothing but costs that come with achieving future success.
But... and it's a big but.
Just like you can control whether to spend your ticket on Economy or First Class.
Just like you can choose to go to a 3-star hotel or a 5 star.
Just like you can choose between a chicken dish or a lobster.
So to must you manage your risk with trading.
The learning fees, and the losses you take with trading can all be controlled at a point with obviously your volume, the markets you choose and where you place your stop loss...
Every trade needs to be taken into consideration with high risk management skills.
Don't be scared of trading losses- it comes with the territory as with life.
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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