“Every battle is won or lost before it’s ever fought”
– Sun Tzu
If you’re unprepared, you’ll lose. Luck never favors those who just come to fight in the hope of winning. It’s a war where a well-prepared army of traders is ready to grab your money.
Wait for the signal to come. If you hurry up and trade, you’ll lose.
Understand the importance of the signal. It’s hard-earned money in your trading account. Please don’t lose it by reacting to the market.
Trust your trading system and follow the trading plan.
You can be sure “not” to lose money only by “not” trading. Once you’re in the trade, chances are more that you’ll lose if you’re unprepared.