Day Trader’s Aftermarket Lounge 21 Oct 2020, page-57

The market fools you into a false sense of confidence after a few wins.

That's when you forget your rules, make mistakes and the market takes back the money it gave you in the first instance.

It's a tough game and if you are not ruthless in taking your profits and cutting your losses I can't see how one can survive in this business.

And I tell you what I am not the wise one. I just learned the hard way years ago and my mistakes have become smaller and smaller.