Great traders know that there are no perfect patterns. There are no perfect strategies.

The great trader knows that to achieve great success one needs to show consistency on the losing days. Losing days hurt you more than winning days make you happy, but they are equally important.

Slow days are there to just keep you in the market and focused on price action and risk, so they are even more needed than profitable days. They are there to remind us how important trading discipline is.

Anyone can have a great winning day. Ultimately, it is all about maintaining the balance and knowing when to stop when you are going through a bad day.

Great traders know that principle too well and are skillfully balancing between winners and losers in a coordinated fashion that differentiates them from mediocre traders, who can’t see why controlled losing is so important in order to reach consistent trading results.

#psychology