winners plan all outcomes, losers hope for one


most people rush to set goals but rarely think about the end
even when they do, they fixate on just one outcome
the real difference between people who set goals and people who actually achieve them? the smart ones think through all possible outcomes
this applies perfectly to trading:
traders often enter positions without a clear target and if they have one, they usually obsess over the upside while ignoring the downside
when the trade doesn't go as hoped, they freeze or react emotionally, making impulsive decisions that cost them money
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