The 11 Bull Run Principles:
- In trading, you can't separate the winning from losing. The more you try to win, the more you'll lose.
- The market doesn't know or care about your trading position. It will do what it will do.
- The goal of a successful trader is to make the best trades. Money is secondary.
- Most who gamble always lose to the house. Find your edge.
- Your willingness to take small losses in the short run, with the understanding that it's all part of the process, is what sets you apart as a trader.
- You have to learn to take losses as part of the game. If you can't, you'll never make a winning trade.
- The challenge in trading is not in predicting what will happen, but in dealing with whatever happens.
- It's your ability to be comfortable with the unknown that will determine your success.
- The market doesn't cause emotional pain or pleasure. It reflects it.
- The market is the same for everyone. How you perceive it determines your results.
- The difference between a pro and an amateur is that pros lose just like amateurs, but they don't act like them.
L.B. ๐ฝ
