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If you're afraid of losing money, reduce your risk.

- If you're afraid of losing money, reduce your risk.
- If you're afraid of risk, think of probabilities.
- If you're afraid of missing out, backtest your system more.
 
How to develop a trading mindset:
Show up every day for 3-5 years.
You can't learn from experience in 10 days.

People overvalue their knowledge and underestimate the probability of their being wrong.

Many traders win big in the first months but then disappear.

The trick is to stay in the game.

 The distance between your dreams and reality is called self-discipline.

Your profit / loss is a distraction.
Seek measurements of your processes, not your realized / unrealized outcomes.

Humans are not machines. 
They analyze information through the lenses of their experience, knowledge, and cognitive biases. 
All of it makes their perception, their unique viewpoint.

 Be realistic about potential market returns, and be aware of possible risk
 
 Have a plan. In writing.
 
 All technical indicators generate accurate signals along with a lot of false ones.

Never bend your rules to  accommodate your guts.

People tend to weigh their most recent experiences more than the affairs of the past.
#Recency_bias

Fear-of-missing-out is more powerful than fear of losing.
 
You should never test the depth of the water with both feet.
-Warren Buffett

@Compiled from Quotes of Anonymous Stock Market Experts

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