“Unless you try to do something beyond what you have already mastered, you will never grow.”

– Ralph Waldo Emerson

To become a successful trader, you need to understand that this business is about protecting your capital. If you can successfully protect your capital, you can always be in a position to come back to fight another day… then, assuming you have a a proper plan and rules, the profits should take care of themselves….

– Just a Thought

P.S. When I say ‘successful trader’, read > it’s all about consistency and longevity 😉

“Only the inner protection of patience can keep us from experiencing the turmoil of negative thoughts and emotions.”

– Dalai Lama

Protect your capital, protect your account, give yourself a chance to come back and fight another day:

• Absque argento omnia vana

– Just a Thought

“The fear of criticism robs man of his initiative, destroys his power of imagination, limits his individuality, takes away his self-reliance, and does him damage in a hundred other ways.”

– Napoleon Hill

”Men will not look at things as they really are, but as they wish them to be – and are ruined.”

– Niccolò Machiavelli

“A pessimist sees the difficulty in every opportunity, an optimist sees the opportunity in every difficulty.”

– Winston Churchill

“In many ways, large profits are even more insidious than large losses in terms of emotional destabilization. I think it’s important not to be emotionally attached to large profits. I’ve certainly made some of my worst trades after long periods of winning. When you’re on a big winning streak, there’s a temptation to think that you’re doing something special, which will allow you to continue to propel yourself upward. You start to think that you can afford to make shoddy decisions. You can imagine what happens next. As a general rule, losses make you strong and profits make you weak.”

– William Eckhardt

“Entrepreneurs are simply those who understand that there is little difference between obstacle and opportunity and are able to turn both to their advantage.”

– Niccolo Machiavelli