Flexibility is key when it comes to trading. The ability to quickly adapt to changing market conditions is what sets successful traders apart from the rest. Don’t let pride or ego get in the way—it's always better to be wrong and profitable than stubborn and stuck in losses.

What really matters in trading is how well you manage your risk and ultimately how profitable you are. Nobody can be right all the time, and being wrong occasionally is completely normal. The important part is accepting that and staying flexible enough to adjust your view when the market shifts.

Even if you have to change your strategy several times, go ahead and do it. The market is constantly changing, and your approach should evolve with it. Profits come from trading with the market trend, not from sticking to your original assumptions.

A common mistake traders make is refusing to adjust their outlook when things go off course. They might stick to their bullish analysis even when the market is clearly moving in the opposite direction. Instead of adapting, they redraw charts to fit their initial bias. But remember, being right or wrong in your analysis isn’t what counts.

If you were expecting the market to rise but notice a shift, don’t hesitate to adjust your approach. Stubbornly sticking to your original plan can lead to avoidable losses. Success in trading isn’t about proving your analysis right; it’s about following where the market is going.

Always trade where the market is heading, not where you want it to go. It’s okay to be wrong—nobody’s right all the time. Adapt as the market shifts, and don’t be afraid to change your plan, even if it means doing it 100 times.

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