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Home > Trading Story: Trading Interviews, Tips & Inspiration For Newer Traders > 60 - Losing is a Part of Trading
Podcast: Trading Story: Trading Interviews, Tips & Inspiration For Newer Traders
Episode:

60 - Losing is a Part of Trading
Category: Business
Duration: 00:10:49
Publish Date: 2015-10-15 02:00:00
Description:

“Everybody loses, but take us back to your most painful losing trade.”

Or so asks the host of a certain podcast out there interviewing successful traders. And these traders know losing. Because every trader loses.

There should be a philosophy of losing, at least a philosophy of trading that incorporates losing as a fundamental aspect of that trading philosophy. Any trader who doesn’t incorporate those ‘losing thoughts’ into their trading, well, they will eventually wake up. And it may be a painful awakening.

As I’m considering this part of trading – I’ll let you know why in a short bit – I had three observations about losing in trading. Nothing too unique or novel. But something we all have to wrestle with as traders.The fact is: losing is a part of trading.

 
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