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Winners -vs- Losers

By Michael Johnson

1. Winners learn from their mistakes. Losers don't. They actually make them again and again.

2. Winners don't blame anyone else for winning. Losers blame everyone else for losing.

3. Winners take calculated risks. Losers just take risks.

4. Winners learn to control their emotions. Losers have little or no control.

5. Winners are always learning and improving. Losers "Don't have the time".

6. Winners follow a set of rules - a plan. Losers don't have any rules to follow.

7. Winners use their strengths and minimize their weaknesses. Losers don't address weaknesses.

8. Winners develop a plan to succeed. Losers don't even have a plan to develop.

9. Winners diversify their risk. Losers put all their eggs in one basket.

10. Winners use risk and money management wisely. Losers are gamblers.

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BE YOUR OWN GURU

THE PURPOSE OF TRADING IS NOT TO MAKE MONEY;
THE PURPOSE OF TRADING IS TO MAKE THE TRADER.

HAPPY PONGALBULLS AND BERS

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