The market is always right. If you are a practicing professional trader that phrase has probably been run past you a few times already. But we always need a reminder. No one is perfect. We all make mistakes, its part of being human. Trying to take revenge on the market for blowing a large chunk of your trading float is normal. In the course of your share trading you may have held on too long to a stock or too short. The thing is we can never pick out the tops and bottoms. We are only there for the ride. We hitch a ride on the trendline and get off once the trend has finished.

If during the course of your share trading you have totally obliterated your account. There is hope. You can always fix your mistakes. You just need to learn from them. The traders who learn the fastest succeed faster. For those who are stubborn and think they can outsmart the market - well you'll soon be humbled (by the market). For those who think I'm venting as a result of my account being smashed. You're wrong.

My share trading is going along fine. As part of my risk management strategy I have recently had to take a few losses - its a part of trading - but every time you hit that exit button knowing you're going to realise a loss - it impacts my emotions. But then, I remember that if I didn't have those stops, I may have lost even more. Discipline and control is the name of the game for share trading.