Definitely agree
Perccocetthreat, we share the same opinions about trading.
You have to be a machine. You have to be cold enough to treat each trade as if it means nothing to you, other then the next step to the other thousands of trades you will be placing as soon as you are done with that one. The problem with a lot of traders, is their emotions get involved. That is the BIGGEST problem. There are some very, very, good traders out there, who can make money....problem is, they can only deal with seeing green. They can't deal with seeing red. At all. And that's where they fail.
Green and red come hand and hand when trading. Just keep your heart cold, and program your head to know that the green will come more than the red....that is if you are a good trader. And, you can't get greedy, or scared. If you just made 30-45% profit, let it go and move on to the next trade! Yeah, sometimes you'll hit the big 100%+, but, it's not consistent. You know?
And, bottom line, NEVER trade margin! Just build your money up normally, and steadily, and you'll have the money to trade what you would have "risked" of money that wasn't yours, soon enough.
All and all, a good trader, is someone, that knows, you don't need to fall in love with every really good trade, ...someone that realizes the power of leverage (trading options), and someone that realizes that tons of 5-15% gains, with very low risk, is much better than 1-2 50-100% gains, with very high risk.
Wish you the best my man.