Good morning,

“Biggest losses in trading rarely come from a single bad decision—they come from repeated mistakes:
• Refusing to exit when you’re wrong.
• Letting ego prevent small losses.
• Hoping instead of following a plan.
• Taking positions that are too large.
• Fighting the trend.
• Trading without a system.
• Ignoring discipline.
The market doesn’t punish mistakes. It punishes unmanaged mistakes.
A successful Trader is not someone who never makes mistakes. He’s someone who knows exactly what to do when he does make mistakes.
Risk management saves careers.”