It’s been a fairly quiet week for my trading: not much action, and profits that are, all things considered, in line with the market conditions. But this is precisely where many people get their approach wrong: they think that in trading, the only thing that matters is how much you make. In reality, what really makes the difference is how you manage to navigate through the difficult periods. There will be aggressive weeks and slow weeks, times when the market offers opportunities and others when the best course of action is simply to protect your capital. Knowing how to stay disciplined, avoid overtrading and not force unnecessary trades is what separates those who last the test of time from those who burn through everything in a matter of months. In trading, you don’t always have to be the hero of the day. Sometimes winning simply means not losing. And believe me, just learning to protect your capital will make you better than 99% of the people who approach this sector without patience and risk management.