Moving on to the 4th reflection of the series:
Read here: (Part 1) | (Part 2) | (Part 3) | (Part 4)
21. Never just focus on offense.
Survival > everything. If you don't bet, you can't win. If you lose "
all your chips, you can't bet.
22. Never fall into lifestyle creep after one big win.
The problem starts when you begin forecasting annual
income based on a single lucky trade.
23. Never forget to turn defensive after a hot streak.
Big losses come after a series of wins when overconfidence
sets in. Check your ego - your last big trade means nothing
to the market.
24. Never let pride, ego, or overconfidence take over.
Always stay humble.
25. Never trade in situations where you don't have control.
Enter trades when you have full control over the situation and "
your decisions.
Stay tuned for more!!
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