Being Right Or Making Money Pdf ~repack~ -

Amateurs chase "sure things." They want high probability. They want certainty. Certainty is expensive. It usually comes with a capped upside and an unlimited downside.

In any other business, you have expenses (rent, inventory, utilities). In trading, a losing trade is simply a business expense. When you stop viewing a loss as a personal failure (being "wrong"), you gain the freedom to cut it quickly and move on to the next opportunity. 2. The Market is Never "Wrong" Being Right Or Making Money Pdf