HOW LEARNING FROM EVERY LOSS AND MISTAKE WHILE TRADING CAN MAKE YOU A VERY SUCCESSFUL TRADER
You would surely know about the story of the persevering thirsty crow. Yes the same crow who patiently threw stones into the well to draw water and quench its thirst. While the first stone did not get the crow any water, it did not take it as a failure and stop. Instead it understood that every stone thrown would draw the water closer to the crow. It learnt from its failure and kept working hard to reach its destination: thereby success!
Similarly in the stock markets, every transaction you do serves as a lesson. It is one thing to dream about large profits and a completely different thing to actually making it a reality. You should not be disheartened or disappointed by the losses you make. Instead, you should analyze and understand what caused the loss. This will add to your knowledge and if you are willing to sweat it out, you will reach your destination!
Just like the thirsty crow, who treated every stone as a stepping stone! Determination, hard work, constant learning, and an open mind will bring you laurels and successes in the stock market. These attributes will make you a successful trader!