A trader can make 10 mistakes and still survive; Provided he knows risk management. But one catastrophic mistake is enough to end it all. This is weird math for trading:

A trader can make 10 mistakes and still survive; Provided he knows risk management. But one catastrophic mistake is enough to end it all. This is weird math for trading:

Your good trades determine how much money you make;

But the worst deals determine whether you have a chance to continue or not. In the market, you're not always going to predict correctly. The point is to survive when you make a mistake.