Traders lose a lot of money because they want to feel good.

Traders lose a lot of money because they want to feel good.
Photo by Nick Fewings / Unsplash

The quest to feel good is why humans do things like drugs. But to make money trading you have to avoid wanting to feel good. Professional traders lose a lot; if I got a 40%-win rate, I lose more often than I win (obviously). But, if my entire quest revolves around feeling good, then I'm going to have a bad time.

I tell people to love the money more than you love the trade. If you love the trade,