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There will always be losses in life. These things happen. As an entrepreneur you make losses sometimes. You have to be able to mentally control yourself when this happens. If you lose your mind, you'll only aggravate the already bad situation. You must be very aware of this.

If you look around you, you won't find one person that doesn't lose every once in a while. Even the greatest champions lose sometimes. Even if they're having a flawless victory at the moment, sometime in the past, during their learning phase, they must have experienced losses before they got so good at what they do. If you're losing at anything now, you should know that in the future you will be better, and you'll probably not make the same mistake that made you lose again.

Sometimes, some people fail to learn from their losses that's where there's a bit of issue. Some people are just hopelessly stubborn in their approach to whatever they wish to achieve. Such rigidity tends to cause them to repeat their losses over and over again. To achieve and sustain success you need some flexibility. If you're too rigid, you'll break. But if you're flexible, you'll adjust, and find ways to succeed.

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Counting your loss is in fact a skill set on its own. You may have seen this happening before. Some people lose a bit, instead of counting their loss, they want to gain whatever they've lost back with utmost aggression instantly. And most of the times, it doesn't work that way. So they lose even more, trying to get back what they've lost.

Even if they manage to get it back one time or twice, such an attitude towards accepting losses would sooner or later make them lose so much more. You have to develop the mental power to count a loss, and move on, find another good opportunity, and try to make ends meet there. Rather than trying to raise a dead horse.

Please note, I'm not saying that you shouldn't attempt to get back what you've lost, but if you notice that the chances of getting it back are very slim, then accept the loss, and move on. This is particularly so with some traders, who don't what to accept a wrong deal they made. You must realize that to make lots of money, you don't have to be right all the time. Don't let one wrong move, make you lose all that you've worked so hard to raise. Just simply because you refuse to count your loss on that occasion.

Thanks for reading!