Why it is Important to Make Mistakes in Life? Implications for a Trader

“I hope that this year, you make mistakes. Because if you are making mistakes, then you are making new things, trying new things, learning, living, pushing yourself, changing yourself, changing your world. You’re doing things you’ve never done before, and more importantly, you’re doing something.”

The same corollary can be applied to the stock market as when you make mistakes you learn but just remember that derive the lessons from your mistakes and do not repeat it.

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