 There are times that I make a good trade and many people believe that I possess some mysterious "skill". The reality is that it is not mere "skill", but rather "experience". There is a difference between the two. If you trip going up the stairs even though your shoelaces are tied and keep repeating the same mistake, eventually you learn to step higher and stop dragging your feet and being more attentive. I've tripped up more flights of stairs than most people. I've gotten bruises and cuts and scrapes all from tripping up the stairs. Sometimes it looks like I've picked a fight with the steps and the steps won every time. Eventually I learned from my mistakes which in relation to trading, I have gotten blown accounts, large losses, and just outright bad trades due to mistakes that I have made in the past. The reason why I am able to trade so consistently well today is the same reasons that most people don't see and that is because I have made plenty of mistakes that I've learned from over the past few years. The reason why most wont succeed as traders is that most aren't willing to endure the cuts and bruises along the journey to become a consistently successful trader. Mistakes are an unavoidable part of trading and many won't want to admit their mistakes, but the sooner you do, the closer you will get to financial freedom. Mistakes are the best teachers in real life and in the market, but you need a mentor that has made those mistakes in the past to guide you along your journey because you do not want to keep making the same mistakes over and over again expecting different results, that is the definition of "insanity". Only a solid mentor like myself will help you create a "trading journal" which will document all of your trading mistakes and make life much easier for you.
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