Friday, September 01, 2006

Risk

Most traders have absolutely

no concept of what it means to be a risk-taker in the way a successful

trader thinks about risk. The best traders not only take the risk, they

have also learned to accept and embrace that risk. There is a huge

psychological gap between assuming you are a risk-taker because you

put on trades and fully accepting the risks inherent in each trade.

When you fully accept the risks, it will have profound implications on

your bottom-line performance.

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