I don’t know what felt worse. A trade hitting my stoploss quickly or a trade that took 1 week and giving back all your gains… Probably giving back all your gains. That one was harder to handle than getting stopped out. Trading can be a rollercoaster of emotions, with the highs of winning trades and …
Don’t Let Your Wins Slip Away: The Dangers of Giving Back Your Trading Profits Read More »
My biggest loss came from moving my stop-loss, then moving it again… Then moving it again… Then removing it completely. What was a very small 1R loss grow to over 70R loss!! My first experience that almost put me out of business. Trading is a challenging and dynamic endeavor in and of itself. It’s easy …
I remember the first time I tried trading like it was yesterday. I was eager and excited to start my journey, full of hopes and dreams of financial freedom. However, what I soon realized was that trading was a lot harder than it seemed. The ups and downs of the market were intense and, at …
Mastering Your Trading Emotions: A Journey of Perseverance and Self-Discovery Read More »
As a trader, I understand all too well the emotional rollercoaster that comes with trading. Fear, greed, hope, excitement, frustration – it’s all part of the experience. However, it’s not just about experiencing these emotions, it’s about learning to control them and not let them control you. Fear: One of the biggest challenges in trading …
