Mindset in Trading - Trading success is heavily reliant on mindset, accounting for 90% of the equation, while skills and tools constitute only 10% [1] - Emotional detachment from trades, regardless of wins or losses, is crucial for consistent success [1] - Losses are inevitable, but should not define a trader; continuous refinement of process and strategy is key [1][2] Market Perspective - The market's net outcome is what truly matters in the long run [2] - Trading is a marathon, not a sprint, emphasizing the importance of long-term perspective [2] Risk Management - Losses are expected, especially during adverse market conditions [2] - Confidence in recovering from losses and making more is essential, based on past experiences [1]