Many people consider losing money a shame and are even afraid to speak about it. Mature traders know that losses are not failures but rather the language of trading; they remind you when to stop, when to wait, and when to correct.
We must remember that a loss could be your ticket to preserving your principal! A single stop loss might also be the bridge to your next profit.
Gains and losses have always been two sides of the same coin, just like day and night, tides rising and falling; one cannot exist without the other. If you only want to gain and not lose, it’s like desiring the waves of the ocean while rejecting its undercurrents. Is that possible??
Livermore spent his life teaching us that the market does not win by avoiding losses but by understanding them to survive. So, don't be afraid of losses. Being brave enough to face losses is the true beginning of trading. (You must truly accept it psychologically; do not deceive yourself)
Let’s encourage each other, brothers. Sometimes a stop loss can make you a better version of yourself!
