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Kindle Notes & Highlights
by
Mark Douglas
Started reading
March 20, 2017
The best traders not only take the risk, they have also learned to accept and embrace that risk. There is a huge psychological gap between assuming you are a risk-taker because you put on trades and fully accepting the risks inherent in each trade. When you fully accept the risks, it will have profound implications on
Trading is an activity that offers the individual unlimited freedom of creative expression, a freedom of expression that has been denied most of us for most of our lives.
When we act on our own ideas, we put our creative abilities on the line and we get instant feedback on how well our ideas worked.
can be characterized as a psychological wilderness, where it’s truly every man or woman for himself or herself.
However, eliminating
fear is only half the equation. The other half is the need to develop restraint.