Losing is a normal part of any profitable trading system Those losses are not failures or problems with your strategy. Rather they are the foundation for the wins Assume a trader with a 40% win rate that has a verified track record of profitability over time The 60% of his trades that lose are not failures or problems with his trading strategy. Rather they are simply the payment he must make for the right to keep that trading system in operation. Each loss is just a necessary cost of positioning for the eventual asymmetric moves that generate all the profits and make it all worthwhile In trading, systematic losing is the foundation of systematic winning This is difficult for beginner traders to wrap their heads around, because common sense dictates that being wrong more than you are right would be evidence that your system is flawed. When in trading the truth is very far from this Too often beginners will equate frequent losses to incompetence, or proof that a strategy is broken, causing them to abandon a perfectly profitable trading system after just one or two losing streaks. They care about being right more than they care about being profitable Being right is comfortable Being profitable is often uncomfortable Remember that the next time you lose a trade