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Develop a winning attitude from "summary" of Trading in the Zone by Mark Douglas
To develop a winning attitude, it is crucial to understand that the market does not owe you anything. You cannot expect it to conform to your wishes or desires. The market operates independently of your beliefs and opinions. Therefore, the first step in developing a winning attitude is to accept this fact. Once you acknowledge that the market is beyond your control, you can focus on what you can control - yourself. Winning in the market requires a shift in mindset. You must view losses not as failures, but as opportunities for growth and learning. Every loss is a chance to analyze your actions and improve your strategy. By reframing losses in this way, you can maintain a positive and proactive attitude towards trading. Consistency is key in developing a winning attitude. You must be consistent in your actions, thoughts, and emotions. This means sticking to your trading plan, managing risk effect...
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