Losing Money

This is the fourth in a series of articles started September 25, 2006 entitled "Hate Losing?"

Money is what you lose in a losing trade. So what is money?

Money is an idea, a thought, and a belief created by a governmental body. It’s not anything physical like an arm or a leg.

“Paper money” is merely a physical representation of the metaphysical idea, thought or belief that money represents. Money today is usually a digit on a computer screen.

So when you lose money trading, you merely lost an idea, a thought, a belief. You didn’t lose an arm, or a leg, or something physical.

Have you lost ideas, thoughts and beliefs other than money? Do you get upset over losing those other types of ideas, thoughts and beliefs?

That’s a perspective of “money” that can enable you to cut your losses. Try it on to see if it helps.

We'll chat again soon ...

Copyright 2006 Raymond T. Lee. All rights reserved.
Leisurely e-Mini Futures Trading
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