A trade can always go bad. Our aim as traders should not be to go ballistic if things don’t go according to plan but to find a way to smooth out our P/L curve.
According to Nietzsche, the time spent at hurling yourselves at those unchangeable moments is time wasted on things that are outside of our control. Try to focus on the things that are within your control and this will inevitably give you an edge over those traders that are trying to fight the tape.