2. Beliefs About Risk

Forex is probabilistic. There is no certainty.

If you believe:

• “I must be right.”
• “Loss equals failure.”
• “Drawdown means something is wrong.”

You will:

• Move stops.
• Revenge trade.
• Overtrade to recover.
• Avoid taking valid setups after losses.

Professional traders operate on a different belief:

A loss is a business expense within a statistical framework.

If you don’t truly believe that, your execution will collapse during drawdown.