Mindset Wisdom: Control

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It's what you don't lose that count first. And that's closely followed by what you get to keep. 

We hear the same story time and time again. First,  the money gets made, and the profits are amazing. But then it’s all given back to the harsh maiden of the market.

It’s not because the money isn’t there to be made. It’s often due to good old-fashioned greed. Stops get pushed back. Targets get forgotten. That trade made N5000. Why not turn it into N50,000 or N500,,000?

These are the traps that snare 95% of the trading profit. Take what the market gives you and go about your business. Honor your stops and your risk/reward ratio. Don’t take that trade if you don’t feel good about it.

The ones you don’t take and the ones that you end up stopping out of are the ones that keep you on the path to consistent profits!

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