Have you heard the saying, "Most new traders hold on to losing trades but struggle to let winning trades run?"
Well have you maybe experienced this yourself, perhaps you have wondered why that is.
Well more often than not its because most new traders really struggle with cutting their losses.
Perhaps you have experienced it yourself. One trade that quickly goes against you and you're trapped, hoping it will turn around, but watching your account slowly dwindle to nothing. As the loss increases, you then wonder why the hell you didnt't cut your losses when it first happened, and hoping now just to get back to your original exit level. I think you all know how this situation ends. BUT WHY?
Why do we let this happen and why do we struggle so hard to get out?
Well, there are a couple of major reasons.
Join me in todays episode where we discuss why we find this soooooo difficult to do.
Free e-book. “10 Steps to Becoming a Successful Trader.”
https://thepipside.mykajabi.com/pl/2147707167
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