At the moment of liquidation, you will discover the most authentic side of human nature.
Some curse the heavens and the earth, while others are numb to the point of laughter. But the essence is the same: both have sent themselves to the altar.
Excessive leverage, overfull positions, and not setting stop losses—each of these actions writes the word 'death'.
If you don’t change, the market will continue to punish you.
Smart people learn from a liquidation and change; foolish people become numb from it and still comfort themselves with 'next time I can turn it around'.
Liquidation is not the end, but a watershed.
Will you continue to be a gambler, or will you become a player starting today?