1. How to Become
A SMART Loser
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2. When you have:
learned a good trading system
know the mechanics of entering a trade
know the mechanics of exiting a trade
you can make money on a demo account
this does not guarantee you have the
temperament to trade successfully.

3. Most people can learn the mechanics
of trading and talk the talk but they cannot
walk the walk because they do not
have the proper attitude.   
It is the attitude that makes the difference
between the successful traders and
the not so successful traders.

4. If we do not know how to lose then:
pain
the lack of logic
along with follow through on the trading
mechanics will take over
you will lose and not know until the trade
is closed what is happing to you.

5. The advantage a trader has is to be able to
spot trades that will give them a greater
chance for success.
Since trading cannot be 100% then we
have to be concerned about the
15 to 25% of the time when we are going to be wrong.

6. To have a better gauge of how successful
a trade might be one has to get
*knowledge *experience
*practice 
To become a successful trader it is not
so much about having big winning trades but having more winning trades
than losing trades.

7. Trading is a numbers game so you can
expect to win some and lose some. 
It has a great deal to do with how you
manage your trades. 
When a losing trade is managed properly
it can be a small loss rather than a large loss. 
When a winning trade is managed
properly it can become a larger win
if you don’t get greedy.

8. To become a good loser you need to learn
the difference between experienced losses
and losses that cause suffering. 
We first need to get the education and logic
behind trading then we need to
strengthen the emotional side of trading. 

9. Having a trading system the gives you
exact entry points
exact exit points
can strengthen the emotional side of trading.
A system that moves with the market
to let you know when to get out.