Realization about Entries.
Result : Discipline is everything and Amit correctly said : " i'd rather lose money on one trade than welcome a bad habit... " so , No to Bad Habit, Have faith & Discipline .. Focus on Minimizing your Loss...
Yes I am trying to learn some golden things..
Let me go ahead and share one of my realizations.
I used to make a super special effort to take all trades of the system. Had all sorts of quirky ways and exercises for it. In other words, I used to force down the entries but with a smile. Still once in a while one or two slipped through my fingers damaging the week's profitability. But, that I could live with....
Then came a realization:
I realized the definition of an Entry. One which was most suited for me. (See there is the difference. Definitions are general. But Realizations are personal. They fill a personal gap hence realizations always have to come from within)
I was fortunate to have understood Stop Loss early on. Since, then I have never failed to take every one of them. No matter how close, far or ridiculous they were. It was natural to take the stop loss, which are decided before taking a trade.
When I realized, I saw Entries in contrast to Stop Losses. I thought, if I am dead serious about Stop Losses, then I should be about Entries too. Cuz, I trade to become rich. I do not trade to remain only Neutral, which in the long run is as bad as going broke. Time is of essence.
Since, then taking entries has become natural. No need for Jappas and Mantras.
As an added benefit, I see setups and exits more clearly.