When I was in high school I worked on a turkey farm as a hired hand. My job consisted of hauling grit and bring dead turkeys out of the bar. Turkeys die. The farm I worked on raised about 200,000 turkeys each year. Of those about 12,000, give or take a few, would die. Nothing can be done about it, its just the 33 turkeys are going to die each day. If we went 10 days in a row with out a dead turkey at all, then on the 11th day I just might end up having to haul 363 dead turkeys out of the bar. This never bothered the farmer when he had dead turkeys. He knew that turkeys die. When they got sick he would medicate them so as to reduce the loss, but its accepted that a certain amount of turkeys will die for one reason or another. Those dead turkeys are like losses in the market. There is nothing you can do about it, your going to take the losses as sure as Pete Hermanson is going to lose 12,000 turkeys this year. The distribution of these losses may be fairly random, meaning for some time you may take no, or very slight losses, but at some point you are going to take the losses inherent in your system. Its not personnel, its just a fact. If you are to be a turkey farmer you can not cry over dead turkeys. If you are to be a trader you can not let losses effect you. You can only control them and move on.
Brandon
