you’re probably better than me at this

(I need to take my own advice)

Hello, Friend! I haven't been keeping track… But this is somewhere in the neighborhood of  "Lesson #1 Trillion" on the similarities of trading and life. Today, I cut 2 losses. One in trading… and one in life (but this one took me forever). Today I got into IPA at $8.35 … I bought the stock because it looked like a perfect setup. But then it started jacking around. Up, down, back down again, then … it broke a Bank Line. That was it for me. That was my "non negotiable" level. My boundary. So I cut it. Took a loss. No big deal. $268. That's a good sized loss. (I hate all losses, but that's a small one, so I'm fine with it). That's what happens when you follow the guidelines, or the rules, or whatever you want to call them Like… I'm not even going to remember that trade next week. And I'll probably have a few winners by then. Cut your freaking losers! So, that's the trading loss that I cut. I also set some boundaries in my personal life as well - and it feels equally great. I mean, I hate losing, but - when you are ruthless about cutting stuff that doesn't work out of your life, you make room for the good stuff. You cannot get everything you want in life unless you make room for it. Remember that. You can't have all the winning trades you want, if you're already using up all your available margin on bad trades. You can't have all the good people in your life that you want, if you're wasting your time with people who don't lift you up (and whom you lift up in return). Remember that. Really. Make room for the good stuff - by cutting out the stuff that isn't working. I love the heck outta you, Rob Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. You may lose more than you invest. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. The information on this website is intended as educational in nature and we do not recommend that you buy or sell any specific financial instrument. At RobBooker.com, we are strongly committed to protecting your privacy and providing a safe online experience for all of our visitors while offering a high-quality user experience here at www.RobBooker.com. We know that you care about how the information you provide to us is used and shared. We have developed this Privacy Policy to inform you of our policies regarding the collection, use, and disclosure of Information we receive from users of the Website. Rob Booker owns & operates the Website. This Privacy Policy, along with our Term & Conditions, governs your use of this site. By using www.RobBooker.com, or by accepting the Terms of Use (via opt-in, checkbox, pop-up, or clicking an email link confirming the same), you agree to be bound by our terms and this Privacy Policy. If you have provided personal, billing or other voluntarily provided information, you may access, review and make changes to it via instructions found on the Website or by emailing us at help@robbooker.com. To manage your receipt of marketing and non-transactional communications, you may unsubscribe by clicking the "unsubscribe" link located on the bottom of any related email from the Company. Emails related to the purchase or delivery of orders are provided automatically – Customers are not able to opt out of transactional emails. We will try to accommodate any requests related to the management of Personal Information in a timely manner. However, it is not always possible to completely remove or modify information in our databases (for example, if we have a legal obligation to keep it for certain timeframes, for example). Daily Profit Publishing , 1800 Hughes Landing Blvd. Ste. 200, The Woodlands, TX 77380, United States Update your subscription — Unsubscribe