Sulja Bros. Building Supplies, Ltd (SLJB)

[CaesarStone]

Airys418,You don't learn to hold your own in the world by standing on guard, but by being attacked and getting well hammered yourself.

- George Bernard Shaw

I'm not sure if Mr. Shaw ever dabbled in the financial markets, but his insightful statement that I posted earlier contains wisdom from which all traders can benefit. The market requires all traders who wish to learn its ways to pay a certain amount of tuition. And we, as traders, unfortunately pay that tuition in the form of lost money. But along with that lost money comes a rich education that will eventually lead to fewer losses and greater riches, if one uses them wisely. So, my question to you is, "What are you doing with your market experiences, particularly your losing experiences?" Are they for naught, or are they used in such a way that they become welcome stepping stones to higher heights of market mastery? "Are you learning from your errors?" "Are you analyzing each and every one of your mistakes?" "Are you finding the pearl, the jewel that each trading error contains?" I hope so my pirates. Because that is what it will take to master these markets, an enriching education gained through our losses.

Our winners, although enjoyable, teach us nothing. It is our losses that lead the way to trading mastery.