A great part of successful trading is being honest with ourselves.

If you’ve heard the saying, “A trader’s greatest enemy is himself,” then you should know by now what is meant by that sentence. There is no worse adviser than our own dishonesty and our inability to accept that it was because of our own mistakes that we are where we are right now.

Making mistakes is great if you know how to take advantage of them. Don’t ever be afraid to identify them and point them out, because this is the only way you can improve your chances of becoming a great trader.