Each of the above reaction depends on your attitudes towards accepting losses as a part of trading. In any kind of business you make profits or run into losses. In all other businesses the owners work out a plan/strategy and implement it. They may run into losses due to conditions which are within their control or outside their control. The business owners sit back to analyse the situation, find out where they went wrong and work out a strategy. A stock trader should also consider trading as a business. He should have a strategy or plan for trading. When trades run into losses he should sit and analyse with a calm mind. This will enable him to know where he went wrong and how to avoid such mistakes in his future trades. Such an analyses will also help him take a second look at his trading strategy.

Emotions play a very strong role in a traders behaviour under stressful conditions when his trade is running into losses and he his losing his capital. One should know how to respond to such situations and keep control over emotions.

Attributes such as patience, self-confidence, managing emotions, decision making, discipline play an important role in trading.

Patience - The ability to sit back and wait for an expected outcome without experiencing anxiety, tension, or frustration. While trading you can overcome impatience by conducting you trading activities just like any other business activity. You should have a trading plan. Follow this plan meticulously. Set up reasonable goals. Unreasonable goals tend to become unachievable and lead to frustration.

Self Confidence – It is the confidence or assuredness in once own self. Self confidence is the feeling of being unstoppable. You believe in yourself, your capability, your abilities. It is a positive factor. A trader needs loads of self confidence. He should be able to believe that he can do.

Managing Emotions – All of us experience some type of emotion. Whether anticipating grades, handling family or just being alone, all these scenarios involve some type of emotion. Willingness to deal with emotions signals your forward direction in life. If you have to a successful trader you should learn how to manage your emotions.

Decision Making – It is the mental process of selecting a course of action from several alternatives. In stock trading it consists of deciding on the stock to buy or sell. When to buy or sell. When to book profits. The level at which to place stop loss triggers. These are the decisions a stock trader has to take frequently. A successful stock trader will not only make the right decisions based on his trading plan but will also implement it without loss of time.

Discipline – It refers to the training that one gives one's self to accomplish a certain task or to adopt a particular pattern of behaviour, even though one would really rather be doing something else. What is required is control over your behaviour by asserting your will power. In trading it is very important to be disciplined.