Something I got to share with everyone here on the subject of :-
Paralyzed Trading
Received some comment in Private Message :
“Seems every trade I don't take wins and every trade I take loses
This is a big problem with a lot of traders.
My only advice for this is too keep on going and forget about the losers FAST and worry about what’s coming next.
We had one trader where we had to move a losing position into another account for him because it was messing with his head so much he was starting to fault on newer trades.
That’s why I like to stress closing losers promptly and moving onto the next trade in order to minimize any blows from bad positions.
Losses happen; how quickly you pick up from them and get back in the drivers seat is another story.
Patience, practice patience and keep the ball rolling.
Have a plan and keep it in place.
Trade safe.
PAT
Paralyzed Trading
Received some comment in Private Message :
“Seems every trade I don't take wins and every trade I take loses
This is a big problem with a lot of traders.
My only advice for this is too keep on going and forget about the losers FAST and worry about what’s coming next.
We had one trader where we had to move a losing position into another account for him because it was messing with his head so much he was starting to fault on newer trades.
That’s why I like to stress closing losers promptly and moving onto the next trade in order to minimize any blows from bad positions.
Losses happen; how quickly you pick up from them and get back in the drivers seat is another story.
Patience, practice patience and keep the ball rolling.
Have a plan and keep it in place.
Trade safe.
PAT
I come from the future.
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