Winning and Losing

Losing is an important lesson if you are a trader. Learning to accept them and learn from them is a good thing and necessary in this field. Humans just do not like to lose and we hate being wrong also and mixed in between is fear and greed. All these emotions can create destructive habits. Some will move their stop losses out further in hopes that the market will make a turn around and even snatching a profit once it appears to be prepared if it must be given back.
It is common knowledge that most traders lose more than they win but they also know how to win for a longer time that others as well as cut their losses sooner. Even if you lost 66% of the time it is still possible for you to break even. Lots of money can be made in this market if you can obtain a ratio of more than two to one.
You must develop a high probability trading system to be able to reach the top, and you must stick with what works for you. If you can make your trading process automated, then you are less likely to have your emotions come into play and take over your decision making.