Trading the markets is like driving a car....on some stretches you drive at 50-60 kmph as normal speed ...on some crowded roads you do 10-15 kmph....on Expressways you do 120 kmph......
The trouble with we traders ( I am no exception) is we expect to do 60 kmph when the road is giving us 15...and we feel sad that we are not doing well....and we expect to do 60 when the road is good for 120 and we feel a false sense of satisfaction that " we are doing great". And we either get overaggressive or overconfident.
Needless to say that we will reach our destination if we dont have a serious accident anywhere on the way....and accidents can happen on Expressways, normal roads or even slow traffic roads. We have to make sure that we follow all safety precautions on all stretches to avoid any serious accidents.....minor body dents are part of driving/taking the car out on roads (body dents = money we loose on stoplosses)....
So just avoid the serious accidents and getting trapped in traffic jams perpetually and make sure that dents dont make the car body out of shape and we will be home sooner or later.
Smart_trade