Source item
Open original source ↗will keep saying this over and over and over
There are 4 outcomes
Big win
Small Win
Small Loss
Big Loss
Your job is just to eliminate #4. You will have good trades, and bad trades. but as long as you eliminate the big losses, the other 3 outcomes will lead to consistent growth over time. Our decisions compound with time.
We will have both ups and downs. That's unavoidable bc we all make mistakes. But the goal is just to have higher lows and higher highs consistently. You might have a 20% win here, and a 5% loss there. Then you move onto the next one. It always comes down to probabilities and just putting ourselves in a position to win.
we've all paid our tuition to the market, it's the way we learn. and then hopefully not repeat those mistakes again, or at least as much
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Segment 1 · characters 0–647 · Original segment ↗
Segment 2 · characters 649–785 · Original segment ↗