What do we understand by Ifs and Buts in trading?

Remember a very important rule of trading; you need to take responsibility for your trades. You can argue that prices went down due to factors beyond your control. But that does not help! As a trader or an investor in the stock markets, the buck stops with you and you alone. You may not have control over events but you surely have control over managing your risk and that is what you are expected to do. But, no excuses please!