Erick Ikki
En 2024-11-11 11:30:25

Trading Psychology: Winning little, losing a lot.


#trading #psychology #problems #solutions #investing

Problems:


  • If you win little, when you win: Fear of letting your trade run.
  • If you lose a lot, when you lose: Wounded ego, fear of accepting that you lost. You don't execute your Stop Loss.


Solutions:

  • Be clear about the reasons for entering the trade, with strategies previously proven effective, and a clear exit plan.
  • Keep a trading journal that allows you to easily see if your set of trades is profitable, considering the average result of winners and losers.


I use the trading journal feature at www.huuii.com (https://www.huuii.com/site/huuiimx/3808 )

Happy trading!

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