I lost a lot because of SMC but not enough for me to retire from trading but more than enough for me to realize that what worked last year will not work this year. I have to change my trading strategy, continuously.
Even Pacquiao lost a lot before he became a champion. Even Livermore filed bankruptcy. Even Thomas Edison, Ben Franklin, Marcos, Ninoy, Bubbles... they too failed many times but moved on.
First comes the painful acceptance of the existence of a problem. And then, the more painful medication. Hey, what does not kill me, makes me stronger!
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