At one point, I stopped measuring performance daily. I started measuring it yearly instead. Interestingly enough, my emotions stabilized before my returns did. Lesson: Time horizon can be a huge emotional armor. Use it as your shield in growing your returns.

The trade that changed my career wasn’t exciting. It worked slowly. Predictably. Quietly. I learned something dangerous that day: boring works. Lesson: Excitement is expensive. Boredom is profitable. Stay the course, and it will reap dividends over.

I stared at a chart for hours, begging it to turn. It didn’t. That’s when I learned charts don’t care about hope. Lesson: Hope is not a strategy. It's a delay mechanism. Act only when the time is right. Don't rush when things are beyond your control. Exercise patience and act only when the time is right.

After a bad loss, a trader said to me,“I just need one good trade to get back.” I said, “That’s how gamblers talk right before the second disaster.” Lesson: The market doesn’t owe you recovery. You earn it slowly.

I watched a guy check his account every three minutes. I asked him why. He said, “I’m monitoring risk.” I said, “No — risk is monitoring you.” Lesson: If you can’t leave your position alone, it’s already too big.