The one fact most traders ignored!

 I been trading for years, so many strategies and EA's has been tested, so many online seminars attended, but nothing seems to work in my trading. Why is it that it is too hard to beat the market? some of us maybe trading fine for the next couple of months then here comes the losing streaks and our capital is gone. Is it the market or is it your trading strategies that causing you to fail over and over again, well we cannot blame that market because we cant change how it will behave, so if we want to change something we have to look upon ourselves. It is how we deal or react with market moves is what matters in trading, I believe most traders fail because they only focus on winning and ignore how to handle their losing trades. Most traders are excited when they bank 10 or 20 pips from the market but when the market start to move against their trade they are hesitant to cut the loses, they hold on to the belief that market will come back soon in their favor, well this maybe true sometime but this is not the case all the times. Most traders are only focused in finding winning trades but ignores or not give much emphasis in controlling the risk.

As I mature as a trader I came to realize and understand that risk management is as equally or even more important than having winning trades, why? once a trading psychology coach says "its that loses that hurts not the missed opportunities" and I totally agree, we got to be decisive in cutting our loses small, if the market does not move in your favor close your trade or let the market hit your SL and wait for the next trade opportunity, it is easier said than done because letting go on a losing trade could be psychologically hard because human mind are not accustomed on being a loser, we always love being a winner, but we need to realize that this is not the case in trading, loses are inevitable in this profession and accepting small loses in order to protect our capital is not bad at all, trading is just a numbers game, if you can keep your loses small and have more or bigger winning trades then you will be profitable in the long run.