"Failure is not in falling down, but in not getting back up again as you are." (Actress Mary Pickford)
This is a quote from Mary Pickford, a actress from Hollywood's Golden Age.
What AI explained is as follows.
＜What this quote aims to convey＞
Falls are inevitable:
Experiencing setbacks or making mistakes in life can happen to anyone.
That is not the essence of failure.
The true failure is giving up on bouncing back:
The problem is not getting up after you’ve fallen and thinking “it's no use.”
The moment you stop trying is when a person becomes a true failer.
The strength to get up again no matter how many times:
Resilience — the ability to recover mentally after a fall — is important.
Each time you encounter a setback, learning from it and getting back up again is
what grows a person and leads to success.
That was the message. It was a grateful and kind piece of advice.
It seems similar in meaning to Japan’s saying “nana korobi, ya oki” (fall seven times, stand up eight).
If you forcefully relate it to trading...
If you enter trades with a risk-reward ratio of 1:1
a net gain can be achieved with 8 wins and 7 losses, which is a reason to celebrate.
Or perhaps even after seven consecutive losses, you shouldn’t fear eight consecutive losses
and should keep entering without wavering.
Both interpretations might be a little off, huh (laugh).
Well then, until next time.
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