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Tuesday, April 2, 2013

#Trading Thoughts For the Day

Your own life experiences shape how you think about trading.

 If your first experience with trading was a negative one, the odds are high that you will not trade in that particular market again for a long time--and maybe never. The psychological impact of loss and defeat can be much greater and last much longer than the effects of physical pain. If you were not defeated psychologically by a negative trading experience, then the loss does not have such a negative and lasting impact.

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