How Professional Traders Learn From Their Trading Mistakes

Most of us want to be as perfect as we can. We do not want to experience failure or setbacks or roadblocks.  In fact, most of us have been raised that failure, in any case and at any time, is ‘bad’ and success is ‘good’.
So if that is the case, then thinking in a very simplistic and logical manner, one would say that you avoid failure and welcome success. You do everything you can to avoid failure.
Even if it means NOT TRYING.
I laughed the first time I listened to Napoleon Hill’s Seminar, “Your Right to be Rich”. He asks the energetic audience to tell him how many times they think it is that someone will try something before he/she gives up.  After he asks the question you can hear people in the room throwing out various answers, and the most audible one is a person who says, “Once.”
Hill retorts with, “Once?  Once?  Aren’t you thinking you are being a bit generous?  Once?” He asks the audience if they’ve ever heard of the man who can’t do a thing because he doesn’t think he can do it.  He finishes by saying most people DON’T EVEN TRY ONCE!!
They think about it, realize

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