Well said Rh,
You basically said it, fear is your enemy. If you have fear in a trade you already lost. How to overcome fear? Simple, lower your position size. Don't let what RH just said zoom past you... "The way you learn to do that is to trade so small" such an important statement yet we all fall evil to it. Whenever I try increasing my position size everything just goes down hill, but when I use proper position sizing it's all up hill. There's obviously a way to start increasing your position size as your capital grows but to be honest I think we all have our own personality threshold of how big we can actually trade.
You basically said it, fear is your enemy. If you have fear in a trade you already lost. How to overcome fear? Simple, lower your position size. Don't let what RH just said zoom past you... "The way you learn to do that is to trade so small" such an important statement yet we all fall evil to it. Whenever I try increasing my position size everything just goes down hill, but when I use proper position sizing it's all up hill. There's obviously a way to start increasing your position size as your capital grows but to be honest I think we all have our own personality threshold of how big we can actually trade.
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