I have a tendency to make substantial profits only to become overly confident in myself only to end up with the same position as I started with
I am trying to understand the relationship between my gains and losses to improve my chances of success on the markets. Discipline, preserving capital and protecting profits are qualities I am experimenting with.
Currently my study provides practical evidence suggesting for every gain that is made there is a high chance of an associated loss
What this means is that for every gain you make, automatically a safety margin is created, your confidence increases two fold and your risk apetite by the same.
Eventually what happens is for every gain you make, you make a loss. Again discipline, preserving capital and protecting profits are important qualities to master.
