Yesterday (Wed, 6/17) Trade Reflection Video Commentary: "How to Lose Well" If you learn the correct way to lose, dreams become reality.

How you lose matters

Long ago, there was a person named N who was extremely strong at mahjong.

After N passed through, it was said that not even a weed would grow, and that his power to take away wins was amazing.

Even if he was in last place at the final round, if his hand came in, he would declare Riichi, tsumo and win to take the celebratory prize.

Take as many as you can get! If you think of Akagi, it’s like, strip as much as you can, strip it all!

For people who don’t know mahjong, it might be hard to understand, but anyway, he was someone who achieved enormous wins.

One day, he invited me to go eat, and we ended up going to a nearby Chinese restaurant.

I thought it might be a chance to learn mahjong, so I asked questions.

“N, you’re really amazing, aren’t you! How can you be so successful and win so much?”

Then N said this.

“I’m good at losing. Everyone talks about winning, but what’s important is how you lose.”

Everyone loses badly, you know.”

【Day Trading by Oliver Beles】

The best defense is the best offense.

Losses do not necessarily bring poverty.

I want you to learn to respect losses. Odd as it sounds, it will open your path.

A trader’s success or failure depends not on how much you win, but on how well you control losses.

Controlling losses is a key part of a professional way of losing.

One must learn the professional way of losing. Do not forget that a professional loss is always small.

In life, success is not about how much you win, but how well you control losses.

If you learn to lose correctly, your dreams can become reality.

Yes, so this is yesterday’s loss-cutting trade analysis.