Question 16—The Top Two Goals for Every Trade
Answer 3 Make money and become a better trader.
The main reason to trade is to make money, but there is a fair bit of randomness in the markets, and not every trade can be profitable. On the other hand, becoming a better trader is a very reachable goal for every trade. Whether you win or lose, you must become a better trader at the conclusion of each trade. You must keep learning both from your winning and losing trades. Testing your discipline and the ability to implement a plan are key components of learning to become a better trader.
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