Self-control is what eventually makes a winner out of a trader. Instead of a trader always trying to predict or expect an event to happen, they simply respond to the event that is before them. The wrong assumption that is made by a trader is that he knows what the market will do at a certain moment. The trader needs to shift his thinking in a manner that he will not try to predict, but rather respond, to whatever the market decides to do. This type of thinking requires that a trader develop a sense of absolute self-reliance.
Any loss has to become a learning point.
This is only possible if the trader is willing to take undivided responsibility. In order to read undistorted reality, the trader needs to read the market with no emotions, as a detached observer. Accepting the fact that nobody can be always right, willingness to admit mistake fast and thinking of trading capital as of tool rather than money are some of steps in right direction. The trader can't progress unemotionally if every uptick puts him in a euphoric state and every downtick scares him. A trader that experiences strong emotions loses the ability to see the reality of the trade.