1. The losing position wasn’t my fault, the market 2. The trade was right and the market wrong. 3. I just have bad luck. 4. Eventually the stock will go up (or down)… eventually. 5. Bigger size equals bigger profits. 6. No need to close the postion just yet.I can average down. 7. Because I made so much money on the last trade I can take on more risk the next. 8. If the market is going down I can’t make any money. 9. I need to trade a larger account in order to be a better trader. 10. I’ve had many winners in a row, so now I need a big loser. |
Archives of “postion” tag
rssTHE FIBS TRADERS TELL
1. The losing position wasn’t my fault, the market moved against me.
2. The trade was right and the market wrong.
3. I just have bad luck.
4. Eventually the stock will go up (or down)…eventually.
5. Bigger size equals bigger profits.
6. No need to close the postion just yet. I can average down.
7. Because I made so much money on the last trade I can take on more risk the next.
8. If the market is going down I can’t make any money.
9. I need to trade a larger account in order to be a better trader.
10. I’ve had many winners in a row, so now I need a big loser.
Any of these resonate with you? I am sure there are others but there is not enough room here to elaborate. Besides, I need to get back in the market. It can’t move without me!