Carlos Espinoza’s Reviews > Best Loser Wins: Why Normal Thinking Never Wins the Trading Game – written by a high-stake day trader > Status Update
Carlos Espinoza
is on page 48 of 264
Charting is easy, you can become a charting expert in a weekend. Charts do not help unless you change your way of thinking and not thinking like the 99% of the people.
Once you enter a trade, understand that it might be a great trade or might not, but most importantly, respect your exit strategy. aka stop loss.
— Apr 25, 2026 05:30AM
Once you enter a trade, understand that it might be a great trade or might not, but most importantly, respect your exit strategy. aka stop loss.
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Carlos’s Previous Updates
Carlos Espinoza
is on page 101 of 264
In trading, sometimes, the more expensive trades are worth more.
No amount of hard work will solve a bad trading position, exiting will solve it.
We must trade with the flow.
Trading is to make money, not to be right.
— May 04, 2026 09:50PM
No amount of hard work will solve a bad trading position, exiting will solve it.
We must trade with the flow.
Trading is to make money, not to be right.
Carlos Espinoza
is on page 87 of 264
I must be patient with my trade entries and myself.
It is not what you know that kills you. It is what you think you, but which just isn’t so, that kills you.
I must learn to live under different paradigm, and have a different perspective on fear and hope.
You do not become a viable trader by looking at the chart, you do by looking at yourself!
— May 03, 2026 08:30AM
It is not what you know that kills you. It is what you think you, but which just isn’t so, that kills you.
I must learn to live under different paradigm, and have a different perspective on fear and hope.
You do not become a viable trader by looking at the chart, you do by looking at yourself!
Carlos Espinoza
is on page 83 of 264
Interesting story about the candle stick experts. They never trade. 😬
Trading is so subjective that we don’t need to be right very much to make a good living from trading.
The old Fox story feels close to me. When my trades turn green right away, it is a great sign. When turn red, they are failures. I must cut red trades immediately.
— May 03, 2026 06:57AM
Trading is so subjective that we don’t need to be right very much to make a good living from trading.
The old Fox story feels close to me. When my trades turn green right away, it is a great sign. When turn red, they are failures. I must cut red trades immediately.
Carlos Espinoza
is on page 67 of 264
"We don't see things as they are, we see them as we are."
"What is the relevance to trading?”
Trader stopped what he saw, and he let his opinion cloud his objectivity.
Trader no longer trades.
— Apr 26, 2026 01:54PM
"What is the relevance to trading?”
Trader stopped what he saw, and he let his opinion cloud his objectivity.
Trader no longer trades.
Carlos Espinoza
is on page 65 of 264
A losing trader is not going to wish to transform himself. That is the sort of thing that only winning traders do.
The trader effort is disproportional to its expectations, and their results are aligned with their effort. The trader simply doesn’t work hard enough.
In the search for patterns, we see things that are simply not there.
— Apr 26, 2026 07:31AM
The trader effort is disproportional to its expectations, and their results are aligned with their effort. The trader simply doesn’t work hard enough.
In the search for patterns, we see things that are simply not there.
Carlos Espinoza
is on page 62 of 264
Trading is a great way to expose all my flaws.
Failure is one of our greatest learning tools.
— Apr 25, 2026 09:03PM
Failure is one of our greatest learning tools.
Carlos Espinoza
is on page 59 of 264
In trading, when the solution is to obvious, the problem is or rarely the problem. We must work on our psychology.
In my experience if you can guide a person through a successful trade, where he or she holds on to the trade, you will begin to create the right kind of neuro-associations. The trader will experience the thrill of holding on to a trade. They will experience the joy of locking in nore and more profits.
— Apr 25, 2026 08:43PM
In my experience if you can guide a person through a successful trade, where he or she holds on to the trade, you will begin to create the right kind of neuro-associations. The trader will experience the thrill of holding on to a trade. They will experience the joy of locking in nore and more profits.
Carlos Espinoza
is on page 56 of 264
Everything you ever wanted lives in the other side of fear. The goal is to reach an equilibrium mindset regardless of fear and pain.
Life should be lived on the edge of life. You have to exercise rebellion, to refuse to tape yourself to rules, to refuse your own success, to refuse to repeat yourself, to see every day, every year, every idea as a true challenge, and then you are going to live your life on a tightrope.
— Apr 25, 2026 06:44AM
Life should be lived on the edge of life. You have to exercise rebellion, to refuse to tape yourself to rules, to refuse your own success, to refuse to repeat yourself, to see every day, every year, every idea as a true challenge, and then you are going to live your life on a tightrope.
Carlos Espinoza
is on page 53 of 264
Our trades from yesterday have no bearing on the markets today.
— Apr 25, 2026 06:33AM
Carlos Espinoza
is on page 51 of 264
Learn to trade the moment. In order to do this, you must forget the past trades. You must learn to get your emotional equilibrium. Otherwise, you are not seeing the trade as it is. You are seeing it as you are!
The one thing in common for successful athletes, people, is how quickly they forget their mistakes.
— Apr 25, 2026 05:37AM
The one thing in common for successful athletes, people, is how quickly they forget their mistakes.
