As in all of life’s endeavors, successful trading begins in the mind.
It is not about any one trade of course, but rather the accumulation of profits through some winning trades that are greater than the result of scratched trades and small losses taken when the market fails to do what you thought it would.
Summed up by one of baseball’s greatest coaches, Joe Torre, the philosophy is simple: Win today.
Trading successfully one day at a time is the goal of the professional trader.
It should be your approach too if you want to join the ranks of that elite 10% that survive those critical first three months or so and make it as a trader without losing all of your capital.
