Yesterday was another dull day. Yes I had a few trades but only one winner out of them. So since I already wrote about the exact same thing yesterday I figured I'd give you a quote from the book Market Wizards that I've been reading. 

Why do most traders lose money?

"Because they would rather lose money than admit they're wrong. What is the ultimate rationalization of a trader in a losing position? "I'll get out when I'm even." Why is getting out even so important? because it protects the ego. I became a winning trader when I was able to say. "To hell with my ego, making money is more important." "

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