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By Vikram Rangala Wednesday, May 10, - This is an outrage! In most areas of life, we expect challenges and setbacks. Traders learn to take punches, too. Limited losses are part of every winning strategy. The strategy wins because you keep the losses smaller than the profits. If that sounds simple, it is. In fact, trading success mostly comes down to a few simple truths. In fact, you can be right less than half of the time—many professional traders are percenters.

And they admit it proudly, because they understand that being right is not what matters. Some of the best traders see the markets like an ATM. The simple truth that may be hardest to believe is this: Losses help you learn about the markets and about yourself.

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