9. “Market trends are like waves—ride them, don’t fight them.”
Fighting the trend is the biggest mistake a trader can make. Just as a surfer rides the waves instead of swimming them, traders should follow the market trend and try to anticipate reversals.
Trading with the trend increases the chances of success and reduces unnecessary risks.
10. “A trader who doesn’t learn from mistakes will pay the market over and over again.”
The market has a way of punishing those who repeatedly make the same mistakes. A trader who ignores past mistakes will continue to lose money in the same way.
The key to improvement is to review trades, identify mistakes, and adjust strategies to avoid costly repetitions.
