March 24, 2016

Do you get scared after you take a position?

Do you get scared after you take a position?

If yes, then something is wrong with the way you are trading.

Most probably, the fear is because you are trading against the trend and/ or you are trading a position far beyond what you should ideally be doing.

If you are comfortable with your position, it means you have the trend in your favour (known often in hindsight) or because your positions are so small it is unlikely to cause any material loss in your capital.

If the latter is true, there is a high chance you stand to make good money not necessarily in this particular trade but over a large number of similar trades.


No comments:

Post a Comment