I believe that if a trader has a real advantage, then he would be less likely to undermine himself the longer he deals, because his confidence in himself and his method would grow. I understand a couple of traders who've been profitable for more than five decades, and for them each new day is like another day in the office: apply the same analysis techniques, make the same entrances and exits, and bank their profits (and occasional losses). One of these told me that his main concern is that on the occasions when he does have a succession of losses, is trying to ascertain whether it's merely a statistical aberration, or whether his method needs adjustment.Originally Posted by ;
But what you say might easily be true for some people. After all, everybody differs.