"A good trader values his losses more than his wins. This might sound stupid, but wins are a celebration,
rarely time for reflection. A loss contains
VALUE. You paid for it dearly. Learn why you
made your decision and strive to implement
that new costly knowledge. In this wave, we
give meaning to that phase – Ah to be young
again; but with what I know today!"
Martin Armstrong
http://www.martinarmstrong.org/files/The%20Next%20Wave%2004-21-2011.pdf
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