Booking a loss in investing or trading is a part of the process.
No trader in the world has become a trader without booking the loss. Loss is inevitable
while trading. Look at any field or any career path, there we can see failure ad
a probability. Failure means a test where we can check ourselves whether we would
be able to sustain or not. Everything in the universe brings failure as a probability.
Without failure nothing is complete. We can even congest it with death. Death is
an equalizer and life would be incomplete without it. That’s how failure is associated
with success. In order to taste the sweetness of success we must first taste the
failure.
Trading we can say is a volatile and riskier game. There is no
middle ground. Either you lose money or win the jackpot. Our goal is to convert
the success probability as the most possible outcome. Once we win this, we could
see ourselves getting improved. We can say the more we try the more we fail, thus
the more we succeed.
One of the key thing in trading is we have a lot of probability
to fail and loss the money. This also implies that we can make money too.
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