--- title: "1 Loss Happens Quotes By Gil Blake" description: "1 Loss Happens quotes by Gil Blake. Plus more from Gil Blake and more Loss Happens sayings from other authors." image: "https://sms4smile.com/quotes/i/85d/gil-blake-60941_believe_whenever-i-take-a-position-i-like-to-ima_2901247.jpg" --- > [Whenever I take a position, I like to imagine what it would be like under the worst-case scenario. In doing so, I minimize the confusion if that situation actually develops. In my view, losses are a very important part of…](https://sms4smile.com/quotes/gil-blake/whenever-i-take-a-position-i-like-to-imagine-what-it-would-be-like/) [Gil Blake](https://sms4smile.com/quotes/author/gil-blake/) [Image](https://sms4smile.com/quotes/i/85d/gil-blake-60941_believe_whenever-i-take-a-position-i-like-to-ima_2901247.jpg) ## More by Gil Blake > [Opportunities change, strategies change, but people and psychology do not change. If trend-following systems don’t work well, something else will. There’s always money being…](https://sms4smile.com/quotes/gil-blake/opportunities-change-strategies-change-but-people-and-psychology-do/) [Gil Blake](https://sms4smile.com/quotes/author/gil-blake/) > [If you break a discipline once, the next transgression becomes much easier.](https://sms4smile.com/quotes/gil-blake/if-you-break-a-discipline-once-the-next-transgression-becomes-much/) [Gil Blake](https://sms4smile.com/quotes/author/gil-blake/) > [The critical ingredient is a maverick mind. Focus on trading vehicles, strategies and time horizons that suit your personality. In a nutshell, it all…](https://sms4smile.com/quotes/gil-blake/the-critical-ingredient-is-a-maverick-mind-focus-on-trading-vehicles/) [Gil Blake](https://sms4smile.com/quotes/author/gil-blake/) > [First of all, most traders don't have a winning strategy. Second, even among those traders who do, many don't follow their strategy. Trading puts…](https://sms4smile.com/quotes/gil-blake/first-of-all-most-traders-don-t-have-a-winning-strategy-second-even/) [Gil Blake](https://sms4smile.com/quotes/author/gil-blake/) > [Whenever I take a position, I like to imagine what it would be like under the worst-case scenario. In doing so, I minimize the…](https://sms4smile.com/quotes/gil-blake/whenever-i-take-a-position-i-like-to-imagine-what-it-would-be-like/) [Gil Blake](https://sms4smile.com/quotes/author/gil-blake/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "ItemList", "@id": "https://sms4smile.com/quotes/about/loss-happens/gil-blake/#itemlist", "name": "1 Loss Happens Quotes By Gil Blake", "numberOfItems": 1, "itemListElement": [ { "@type": "ListItem", "position": 1, "item": { "@type": "Quotation", "text": "Whenever I take a position, I like to imagine what it would be like under the worst-case scenario. In doing so, I minimize the confusion if that situation actually develops. 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