Thought Moment

The goal of this craft isn’t to be right all the time. It’s to lose less than others when you’re wrong. And to hold longer than others when you’re right. Forget all the complex indicators and charts — it really comes down to just two things: • Lose less when you’re wrong • Hold longer when you’re right Losing less is a survival skill. Holding longer goes against human nature. First, train your eyes to tell the difference between a ranging market and a trending market. Then: When the market is ranging — take profit early, cut losses fast. When the market is trending — sit still and let your profits run. But remember: holding without a defense is just gambling. Holding while gradually raising your defense — that’s real skill.