One of the reason we as a trader don't able to succeed is that we think we can't be wrong. So when we don't have the good trader's mind or experienced good amount of loss. We don't bother to understand that every trader has gone wrong.
As we don't expect to go wrong. So no stoploss and think like that it will turn now and now. But it don't turn untill loss piled up huge. That is where we make blunder mistake and big loss. And it put us aside of trading or abstain for future entry into the stock market.
Instead what we have done right was that we have cut our losses quickly that is at Max of 1-2% of our account size.
I have made this mistake not once but many times but learnt and moved.
Hope as a trader's journey. You don't make the same. Learn from it or losses are best tutor.
Stick here for more.
Happy trading!!!
As we don't expect to go wrong. So no stoploss and think like that it will turn now and now. But it don't turn untill loss piled up huge. That is where we make blunder mistake and big loss. And it put us aside of trading or abstain for future entry into the stock market.
Instead what we have done right was that we have cut our losses quickly that is at Max of 1-2% of our account size.
I have made this mistake not once but many times but learnt and moved.
Hope as a trader's journey. You don't make the same. Learn from it or losses are best tutor.
Stick here for more.
Happy trading!!!
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