FX First-Out Scenario Trade GBPAUD: "Hitting the target isn't the right answer"
If you win, you are not the official army
Even if you win, what matters is how you win
A win that ignores the rules
will eventually lead to greater losses
the total result will be a loss
If you lose by following the rules
it will eventually lead to greater profits
you will win in total
Trading is a contest of repeated attempts
the content matters more than the result of a single trade
that determines the total result
cis also says this
“what matters more than the result is whether the trade is conducted in an appropriate process”
It is correct to reflect and learn from the process and the content, rather than the result.
A trade that ends in a win is OK; to reflect and wonder what was wrong with a losing trade is a mistaken reflection.
Regardless of whether a trade wins or loses, can you reflect on the content?
FX front-loaded scenario trade GBPAUD “Hitting the target is not the right answer”
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