Recently, I had the privilege of speaking with a millionaire stock trader (NOT THE YOUTUBER MILLIONAIRE TRADER), and the insight I gained was both simple and profound:
HE SAID ONE LINE
"Pros take losses. Everyone else loses."
This statement hit me hard. It’s a reminder that in both trading and life, it's not about avoiding failure—it's about managing it. The most successful people don't win by never losing; they win by knowing when to take a loss and move forward.
It’s a lesson that goes beyond the markets. Whether in business or personal growth, knowing how to cut your losses is the key to long-term success.
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